Monday 22 August 2022

Rough Monday

US equity indexes closed very significantly lower, SPX -90pts (2.1%) at 4138. Nasdaq comp' -2.5%. Dow -1.9%. The Transports settled -1.6%. R2K -2.1%.

SPX - daily

VIX - daily

Summary

US equities opened significantly lower. There were a few bounce attempts, but they were very weak, with the SPX leaning broadly lower into the late afternoon.

Volatility picked up, the VIX printing 24.62, and settling +15.5% to 23.80.


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

Goodnight from London
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