Monday 29 August 2022

Bearish follow through

US equity indexes closed broadly weak, SPX -26pts (0.7%) at 4030. Nasdaq comp' -1.0%. Dow -0.6%. The Transports settled -1.0%. R2K -1.0%.

SPX - daily

VIX - daily

Summary

US equities opened broadly lower, but all the bears could manage was 4017, before a recovery into the early afternoon.

Meanwhile...

 
Artemis'1... scrubbed. Next attempt... Friday, Sept'2nd
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The late afternoon saw renewed cooling, if holding above the early low. 

Volatility was mixed, the VIX printing 27.67, but cooling back to settle +2.5% to 26.21.

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Goodnight from London
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