Monday 15 August 2022

Weak Bears

US equity indexes mostly closed a little higher, SPX +16pts (0.4%) at 4297. Nasdaq comp' +0.6%. Dow +0.4%. The Transports settled -0.3%. R2K +0.3%.

SPX - daily

VIX - daily

Summary

US equities opened on a moderately weak note, but all the bears could manage was sp'4256, before recovering upward to print a new cycle high of 4301. 

Meanwhile...


 


Burry continues to digitally clean his Twitter feed... sometimes mere hours after posting.
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Volatility remained subdued, the VIX settling +2.1% to 19.95.
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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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