Tuesday 28 June 2022

Turnaround Tuesday

US equity indexes closed very significantly lower, SPX -78pts (2.0%) at 3821. Nasdaq comp' -3.0%. Dow -1.6%. The Transports settled -1.7%. R2K -1.8% 

SPX - daily

VIX - daily

Summary

US equities opened on a broadly positive note, with the SPX printing a new s/t high of 3945. However, the sellers appeared, with Nasdaq leading the way lower. 

The SPX slid into the later afternoon, settling -2.0% to 3821... tagging orange gap.

Volatility picked up, the VIX settling +5.2% to 28.36.
-

Much like the market... every sky is unique, never to be repeated.

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

Goodnight from London
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