Monday, 7 February 2022

Monday chop

US equity indexes mostly closed on a weak note, SPX -16.66pts (0.4%) at 4483. Nasdaq comp' -0.6%. Dow u/c. The Transports settled -0.1%. R2K +0.6%.

SPX - daily

VIX - daily

Summary

US equities saw a day of considerable chop. The closing hour was notable, breaking a new intraday high of 4521, but seeing a significant swing lower to print a new intraday low of 4471. Volatility remains notably above the key 20 threshold, the VIX settling -1.5% to 22.86.


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