Wednesday 14 September 2022

Midweek chop

US equity indexes mostly closed a little higher, SPX +13pts (0.3%) at 3946. Nasdaq comp' +0.7%. Dow +0.1%. The Transports settled -0.4%. R2K +0.5%

SPX - daily

VIX - daily

Summary

US equities opened a little choppy, with the SPX breaking a marginal lower low of 3919. From there... a push upward to 3961, and cooling back into the mid afternoon. The late afternoon saw another wave lower to print 3912, with a little ramp to settle at 3946. S/t bullish to psy'4K

Volatility cooled back, the VIX settling -4.1% to 26.16.
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7.05pm BST

A fine evening

Summer has almost fully faded

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

Goodnight from London
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