Thursday, 6 October 2022

Red Thursday

US equity indexes closed broadly lower, SPX -38pts (1.0%) at 3744. Nasdaq comp' -0.7%. Dow -1.1%. The Transports settled -0.1%. R2K -0.5%.

SPX - daily 

VIX - daily

Summary

US equities opened a little weak, but all the bears could manage was 3746, before a push to 3779. From there... considerable chop into and across the afternoon, if leaning on the weaker side.

Volatility picked up, the VIX settling +6.9% to 30.52.
-

A fine end to the day


Full moon is Sunday Oct'9th

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

Goodnight from London
--

 

If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com