Thursday 30 December 2021

Market is tired

US equity indexes closed a little weak, SPX -14pts (0.3%) at 4778. Nasdaq comp' -0.2%. Dow -0.2%. The Transports settled -0.5%. R2K -0.05%.

SPX - daily

VIX - daily

Summary

US equities opened in micro chop mode, broke a fractional new hist' high of 4808, and then slipped into nano scale chop mode. The closing hour saw some moderate cooling, with all the main indexes settling a little lower.

Volatility was subdued, if picking up into the close, the VIX settling +2.2% to 17.33.


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

Goodnight from London
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