Tuesday 5 April 2022

Tuesday Depression

US equity indexes closed significantly lower, SPX -57pts (1.3%) at 4525. Nasdaq comp' -2.3%. Dow -0.8%. The Transports settled -2.8%. R2K -2.3%.

SPX - daily

VIX - daily

Summary

US equities opened a little weak, but saw an initial recovery with most indexes turning positive. From there... renewed, and increasing downside, with a somewhat ugly closing hour.

Volatility picked up, the VIX settling +13.2% to 21.03.
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Next full moon... April 16th


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

Goodnight from London
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