Monday 1 August 2022

Monday chop

US equity indexes closed a little weak, SPX -11pts (0.3%) at 4118. Nasdaq comp' -0.2%. Dow -0.1%. The Transports settled +0.2%. R2K -0.1%.

SPX - daily

VIX - daily

Summary

US equities saw early weakness, but then a swing upward to print a new cycle high of 4144. The afternoon saw renewed weakness, if only settling a little lower. Volatility picked up a little, the VIX settling +7.1% to 22.84.

-

Next full moon is August 11th

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

Goodnight from London
--

 

If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com