Wednesday 8 September 2021

Wednesday weakness

US equity indexes closed on a weak note, SPX -5pts (0.1%) at 4514. Nasdaq comp' -0.6%. Dow -0.2%. The Transports settled -0.3%. R2K -1.1%

SPX - daily5

VIX - daily3

Summary

US equities opened a little weak, saw an opening reversal, but that itself was reversed, with the SPX cooling to 4493. The afternoon saw a choppy recovery, if still settling a little weak.

Volatility picked up, the VIX printing 19.52, if cooling back to settle -1.0% to 17.96.
-

Before the storms


The last hot day of summer 2021


... and night must fall.


Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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