US equity indexes closed a little mixed, SPX +4pts (0.1%) at 4475. Nasdaq comp' -0.1%. Dow -0.2%. The Transports settled +0.5%. R2K +0.2%.
SPX - daily
VIX - daily
Summary
US equities opened a little weak, with choppy cooling to 4429. There was a not surprising latter day recovery, but underlying price action remains weak... as some of the mainstream recognise...
 |
| Krinsky of BTIG... touting sub 4K |
Supports... 4222, psy'4K, the 38% fib' of 3815, and then the 3500s. Lower monthly bollinger is currently in the 3100s... if rising each month. Even if Russia doesn't make a move on the Ukraine, the market is going to struggle with CPI soon to print >8.0%.
Volatility cooled back, the VIX settling -5.5% to 24.29. Tomorrow is a Thursday, and the past two haven't been so green.
-
 |
| The clouds break as Storm Dudley moves to the East |
 |
| Mighty full moon! |
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
