Friday 22 July 2022

Cooling into the weekend

US equity indexes closed broadly lower, SPX -37pts (0.9%) at 3961. Nasdaq comp' -1.9%. Dow -0.4%. The Transports settled -0.4%. R2K -1.6%

SPX - daily

VIX - daily

Summary

Equities opened choppy, but the SPX did lean upward to print a new multi-week high of 4012. The morning saw increasing weakness into the afternoon.

Volatility was ground lower into the weekend, the VIX settling -0.3% to 23.03.
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Pleasantly cool


Bullish trees!

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

Goodnight from London
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