Tuesday 19 April 2022

Battling upward

US equity indexes closed significantly higher, SPX +70pts (1.6%) at 4462. Nasdaq comp' +2.1%. Dow +1.5%. The Transports settled +2.8%. R2K +2.0%. 

SPX - daily

VIX - daily

Summary

US equities opened a little choppy, but built rather significant gains into the late afternoon. SPX 4370 is now a provisional multi-week floor, as the 4500s look due within 1-2 weeks.

Volatility was ground lower, the VIX settling -3.6% to 21.37.
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English Bluebells

A fine end to the day


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

Goodnight from London
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