Thursday, 17 March 2022

A green Thursday

US equity indexes closed significantly higher, SPX +53pts (1.2%) at 4411. Nasdaq comp' +1.3%. Dow +1.2%. The Transports settled +1.3%. R2K +1.6%. 

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, but the bears could only manage 4335, before they ran for the exit, and the bolder bulls jumped aboard. The afternoon saw the market build significant gains into the close. Volatility cooled back, the VIX settling -3.7% to 25.67.
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Sunset


Time to fly home

An effectively full moon


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

Goodnight from London
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