US equity indexes closed broadly weak, SPX -53pts (1.2%) at 4356. Nasdaq comp' -2.3%. Dow -0.2%. The Transports settled -1.6%. R2K -1.3%.
SPX - daily
VIX - daily
Summary
Price action was bearish consolidation ahead of Print Central. Price structure is a bear flag, as 4222 does not appear a key floor, with SPX monthly momentum set to turn negative in February.
–
Extra charts in AH (usually around 5pm EST) @
https://twitter.com/Trading_Sunset
Goodnight
from London
--
If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com
