Friday 1 April 2022

Chop into the weekend

US equity indexes mostly closed on a positive note, SPX +15pts (0.3%) at 4545. Nasdaq comp' +0.3%. Dow +0.4%. The Transports settled -4.7%. R2K +1.1%.

SPX - daily

VIX - daily

Summary

US equities opened a little higher, but the gains were already eroding from within pre-market, and it didn't take long for indexes to turn negative. The Transports lead the way lower, with other markets turning moderately lower into the early afternoon. 

The afternoon saw considerable chop, with a mini ramp into the close.

Volatility was mixed, the VIX printing 20.86, but settling -4.5% to 19.63.
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Rough Friday for the Transports

Sunny... but feeling icy


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

Goodnight from London
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