US equity indexes mostly closed on a weak note, SPX -23pts (0.5%) at 4551. Nasdaq comp' u/c. Dow -0.7%. The Transports settled -1.3%.
SPX - daily5
VIX - daily3
Summary
US equities opened in minor chop mode, and remained that way into the mid afternoon.
Meanwhile, the fiery drama continues...
The late afternoon saw some distinct cooling, as daily momentum continues to swing back toward the bears.
Volatility was subdued until the mid afternoon, but spiking upward, the VIX settling +6.3% to 16.98. The daily cyclical setup increasingly favours the equity bears into Halloween/end month.
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Golden rays of hope |
Just a few days left of British Summer Time |
Extra charts in AH (usually around 5pm EST) @
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Goodnight
from London
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