Monday 25 July 2022

Tedious chop

US equity indexes mostly closed a little higher, SPX +5pts (0.1%) at 3966. Nasdaq comp' -0.4%. Dow +0.3%. The Transports settled +0.4%. R2K +0.5%.

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode, and remained that way into the afternoon.

Meanwhile..


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For those seeing through the reality of lies, corruption, and outright fraud... its difficult until almost the very end.
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The afternoon saw further chop, if breaking a new intraday low, but really... it was all trivial market noise. Volatility was subdued, the VIX settling +1.4% to 23.36.
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One single tree is worth more than billions of psychotics


Golden sunshine... into the close


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

Goodnight from London
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