US equity indexes closed very significantly lower, SPX -85pts (1.8%) at 4577. Nasdaq comp' -2.6%. Dow -1.5%. The Transports settled -1.6%. R2K -3.0%
SPX - daily
VIX - daily
Summary
US equities opened significantly lower, and whilst there were repeated bounce attempts, the market settled sig' lower. Volatility picked up, the VIX settling +18.8% to 22.79.
I will merely add, today's close in the Nasdaq comp' under its 200dma merits alarm bells. We can expect further market drama across the next week or two.
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| Grey horror |
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Goodnight
from London
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