US equity indexes closed very significantly lower, SPX -79pts (1.8%) at 4225. Nasdaq comp' -2.6%. Dow -1.4%. The Transports settled -1.4%. R2K -1.9%.
SPX - daily
VIX - daily
Summary
US equities opened on a moderately positive note, but the gains were shaky from the start, with indexes quickly turning negative. Price action into the afternoon was increasingly weak, as every rally attempt is failing.
Volatility picked up, the VIX settling +7.7% to 31.02. Tomorrow is a Thursday, and whilst we might open positive, the bears could seek psy'4K before end month.
–
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
