Tuesday 16 November 2021

Underlying strength

US equity indexes closed on a positive note, SPX +18pts (0.4%) at 4700. Nasdaq comp' +0.8%. Dow +0.15%. The Transports settled +0.1%.

SPX - daily5

VIX - daily3

Summary

US equities opened a little choppy, but leaned upward with the SPX printing 4714... just 4pts shy of the Nov'5th historic high. 

Meanwhile...



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The late afternoon saw a little cooling, but that will made for moderate gains.

Volatility melted lower, the VIX settling -0.7% to 16.37.  


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

Goodnight from London
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