US equity indexes closed on a positive note, SPX +23pts (0.6%) at 4155. Nasdaq comp' +1.6%. Dow +0.3%. The Transports settled +0.3%. R2K +1.0%.
SPX - daily
VIX - daily
Summary
US equities saw considerable chop in early morning, but were increasingly weak into the mid afternoon, the SPX breaking a new multi-month low of 4062. There was a rather powerful late day ramp, with indexes even turning positive. For the bulls, it makes for a pretty good s/t floor/turn.
Volatility was very mixed, the VIX printing 36.64, but with equities ramping into the close, the VIX cooled to settle -3.2% to 32.34.
-
 |
| Bullish green Oak ! |
 |
| For those with allergies... its becoming difficult. |
–
Extra charts in AH (usually around 5pm EST) @
https://twitter.com/Trading_Sunset
Goodnight
from London
--
If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com
