US equity indexes closed broadly lower, SPX -24pts (0.7%) at 3695. Nasdaq comp' -0.8%. Dow -0.3%. The Transports settled -1.7%. R2K -1.8%.
SPX - daily
VIX - daily
Summary
US equities opened on a weak note, and whilst the SPX did turn positive, it was... transitory. The market saw increasing downside into the mid afternoon, as s/t momentum turned negative. The late afternoon saw a minor recovery, if still settling broadly lower.
Volatility remained broadly elevated, the VIX settling +0.8% to 30.76.
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Preparing for winter 2022/23 |
The twilight zone |
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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset
Goodnight from London
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