Monday 31 October 2022

October settles

US equity indexes mostly closed on a weak note, SPX -29pts (0.7%) at 3871. Nasdaq comp' -1.0%. Dow -0.4%. The Transports settled +0.1%. R2K +0.1%.

SPX - daily

VIX - daily

Summary

US equities opened on a weak note. Price action was choppy though, as the market is inherently favouring the bulls into the FOMC. The afternoon saw further chop, if leaning on the weaker side.

Volatility was a little mixed, the VIX settling +0.5% to 25.88.


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

Goodnight from London
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