Tuesday 18 October 2022

Net bullish Tuesday

US equity indexes closed broadly positive, SPX +42pts (1.1%) at 3719. Nasdaq comp' +0.9%. Dow +1.1%. The Transports settled +1.4%. R2K +1.2%.

SPX - daily

VIX - daily

Summary

US equities opened very significantly higher to 3762. There was an opening reversal though, with the SPX cooling to 3686. From there.. another bounce, with considerable chop into the close.

Volatility cooled for the fourth day of five, the VIX settling -2.8% to 30.50.
-

... the twilight zone.


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

Goodnight from London
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