Wednesday, 6 October 2021

Midweek mess

US equity indexes closed moderately higher, SPX +17pts (0.4%) at 4363. Nasdaq comp' +0.5%. Dow +0.3%. The Transports settled +0.6%.

SPX - daily5

VIX - daily3

Summary

US equities opened broadly weak, with the SPX printing 4290. The afternoon saw a recovery to turn positive, settling at 4363. Thursday will inherently lean to the bears, but regardless... the mid 4100s appear very probable within 1-2 weeks.

Volatility was mixed, the VIX printing 24.40, and settling -1.4% to 21.00. 
-

A fine autumn evening


Sundog



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

Goodnight from London
--

 

If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com