US equity indexes closed very significantly lower, SPX -92pts (1.9%) at 4700. Nasdaq comp' -3.3%. Dow -1.1%. The Transports settled -1.4%. R2K -3.4%.
SPX - daily
VIX - daily
Summary
US equities opened in minor chop mode, and leaned on the weaker side into the mid afternoon. The press release from the Fed, aka... Print Central, upset the cart, with the market imploding into the close.
Volatility was subdued until 2pm... and then spiking to 20.17, the VIX settling +16.7% to 19.73. Thursday will inherently favour the equity bears.
-
A crisp winter's day |
Moon and the mighty Jupiter above |
Full moon... Jan'17th (when the market will be closed) |
–
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