Friday 1 October 2021

Turnaround into the weekend

US equity indexes closed significantly higher, SPX +49pts (1.1%) at 4357. Nasdaq comp' +0.8%. Dow +1.4%. The Transports settled +1.8%. R2K +1.6% 

SPX - daily5

VIX - daily3

Summary

It was a real mess of a Friday. Opening gains to 4330, but swinging to moderate declines to 4288, but then another reversal, with the market building significant gains into the late afternoon to 4375, and settling at 4357.

Volatility saw an early high of 23.50, but cooled back to settle -8.6% to 21.15.
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Cruising into the weekend


A fine autumnal day

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

Goodnight from London
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