Monday 29 November 2021

Monday Rebound

US equity indexes mostly closed significantly higher, SPX +60pts (1.3%) at 4655. Nasdaq comp' +1.9%. Dow +0.7%. The Transports settled +0.9%. R2K -0.1%.

SPX - daily5

VIX - daily3

Summary

US equities opened broadly higher, and after some mid morning cooling to tag the opening gap, equities saw a secondary wave higher into the afternoon.

Meanwhile...


Its getting real cold on the streets of Philadelphia. Not all will make it into spring 2022.
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The late afternoon saw a little cooling, but that still made for broad/sig' gains. Volatility was naturally ground lower, the VIX settling -19.8% to 22.96.
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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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