Monday 18 April 2022

Starting choppy

US equity indexes closed on a weak note, SPX -0.9pts (0.02%) at 4391. Nasdaq comp' -0.1%. Dow -0.1%. The Transports settled -0.3%. R2K -0.7%.

SPX - daily

VIX - daily


Summary

The week began with considerable chop. The SPX weak in the morning, but seeing a latter day recovery... if still settle on the weaker side.

Volatility was subdued, the VIX settling -2.3% to 22.17. Tuesday threatens early weakness, but the market will be prone to reversing upward... more strongly than today.
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Bullish trees

A fine spring day
 


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

Goodnight from London
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