Tuesday 11 January 2022

Bouncing ahead of CPI

US equity indexes mostly closed higher, SPX +42pts (0.9%) at 4713. Nasdaq comp' +1.4%. Dow +0.5%. The Transports settled -0.2%. R2K +1.0%.

SPX - daily

VIX - daily

Summary

US equities saw pre-market moderate gains fade to early moderate declines. The bears could only manage 4638, before the market saw a secondary wave higher that stretched into the late afternoon.

Volatility cooled back, the VIX settling -5.1% to 18.41. I will merely add... the next few days should be very 'dynamic'.


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

Goodnight from London
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