US equity indexes closed on a weak note, SPX -31pts (0.7%) at 4348. Nasdaq comp' -1.2%. Dow -0.7%. The Transports settled -0.2%. R2K -0.9%.
SPX - daily
VIX - daily
Summary
US equities were moderately higher in pre-market, but by the open... they had already turned to minor declines... reflective of underlying weakness. The morning saw considerable chop, if increasingly leaning on the weaker side.
The afternoon saw yet another bounce attempt to fractional gains, but the closing hour saw a fine example of 'rats selling into the long weekend'.
Volatility picked up to 29.71, if settling -1.3% to 27.75.
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Atlantic Storm Eunice caused a few minor issues |
A sunny... if windswept end to the week |
The waning moon |
Extra charts in AH (usually around 5pm EST) @
https://twitter.com/Trading_Sunset
Goodnight
from London
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