Friday, 15 July 2022

Powering upward into the weekend

US equity indexes closed very significantly higher, SPX +72pts (1.9%) at 3862. Nasdaq comp' +1.8%. Dow +2.1%. The Transports settled +1.9%. R2K +2.1%. 

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, and built very significant gains into the mid afternoon. The late afternoon saw considerable chop, but that was pretty natural for what was OPEX.

Volatility was naturally ground lower into the weekend, the VIX settling -8.2% to 24.23.
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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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