Tuesday 23 August 2022

Tuesday chop

US equity indexes closed a little mixed, SPX -9pts (0.2%) at 4128. Nasdaq comp' u/c. Dow -0.5%. The Transports settled +0.6%. R2K +0.2%.

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode, if leaning weak to break a new cycle low of 4124... almost fully filling orange gap. The late afternoon saw further chop, if settling above the lows.

Volatility was subdued, the VIX settling +1.3% to 24.11.
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Goodnight from London
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