Friday, 7 January 2022

Weakness into the weekend

US equity indexes closed on a weak note, SPX -19pts (0.4%) at 4677. Nasdaq comp' -1.0%. Dow -0.01%. The Transports settled -0.5%. R2K -1.2%.

SPX - daily

VIX - daily


Summary

US equities opened a little choppy, if leaning on the weaker side, which continued into the late afternoon.

Meanwhile... 


... as half of the mainstream are expecting rate hike'4 at the Dec' FOMC. 

Volatility remained somewhat elevated, the VIX settling -4.3% to 18.76. Next week offers sp'4600/4580, before renewed upside into the Winter Olympics.

-

Above the rooftops... the moon and mighty Jupiter


Next full moon is Jan'17th


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

Goodnight from London
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