US equity indexes closed powerfully lower, SPX -121pts (2.8%) at 4271. Nasdaq comp' -2.5%. Dow -2.8%. The Transports settled -2.2%. R2K -2.6%.
SPX - daily
VIX - daily
Summary
US equities opened a little weak, and slid lower across the day. There were multiple bounce attempts... but all failed, for what was an ugly end to the week.
With spiraling equities, volatility picked up, the VIX settling +24.4% to 28.21. Neither the daily, weekly, or monthly candles, offer any sign of a floor.
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Extra charts in AH (usually around 5pm EST) @
https://twitter.com/Trading_Sunset
Goodnight
from London
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