Tuesday 2 November 2021

Just another new historic high

US equity indexes closed on a positive note, SPX +16pts (0.4%) at 4630. Nasdaq comp' +0.3%. Dow +0.4%. The Transports settled +6.9%. R2K +0.2%

SPX - daily5

VIX - daily3

Summary

It was just another day for the equity bulls, with the SPX printing a new historic high of 4635.

Volatility was subdued, the VIX printing 15.89, and settling -2.3% to 16.03. The market's price action after the FOMC should be 'interesting'.
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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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