Monday 4 October 2021

Starting negative

US equity indexes closed broadly lower, SPX -56pts (1.3%) at 4300. Nasdaq comp' -2.1%. Dow -0.9%. The Transports settled -0.3%.

SPX - daily5

VIX - daily3

Summary

US equities opened on a weak note, with the SPX spiraling lower, and quickly taking out last Friday's low.

Meanwhile...


The LIVE coverage continues...


The LaPalma volcano is intensifying, and who doesn't like some geological drama?
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The afternoon saw considerable chop, leaning a little upward from the morning low of 4278, to settle at 4300. Volatility picked up, the VIX printing 24.58, and settling +8.6% to 22.96.  


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

Goodnight from London
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