Thursday 13 January 2022

A red Thursday

US equity indexes closed broadly lower, SPX -67pts (1.4%) at 4659. Nasdaq comp' -2.5%. Dow -0.5%. The Transports settled +0.2%. R2K -0.9%. 

SPX - daily

VIX - daily

Summary

US equities opened a little higher, but sp'4744 was all the bulls could manage, before the market started to cool back. The lunchtime hour saw a distinct spiral, lead by the Nasdaq. The afternoon saw broad weakness... ending on a pretty ugly note, if with the Transports managing minor net gains.

Volatility picked up, the VIX settling +15.3% to 20.31.
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            4.00pm GMT


Mighty moon!

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

Goodnight from London
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