Friday, 17 June 2022

Into the long weekend

US equity indexes closed rather mixed, SPX +8pts (0.2%) at 3674. Nasdaq comp' +1.4%. Dow -0.1%. The Transports settled -0.4%. R2K +0.8%.

SPX - daily

VIX - daily

Summary

US equities opened a little choppy, but the SPX turned negative, breaking a new cycle low of 3636. There was another swing upward, settling fractionally higher.

Volatility was ground lower into the long weekend, the VIX settling -5.5% to 31.13.
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New record fuel prices in London...
Gasoline: 186.9 x 3.785 x 1.2236 = $8.66
Diesel: 195.9 x 3.785 x 1.2236 = $9.07
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Summer heat... causing problems    


 
A fine summer's day


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

Goodnight from London
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