US equity indexes closed very mixed, SPX -28pts (0.7%) at 3830. Nasdaq comp' -2.0%. Dow +0.01%. The Transports settled +1.4%. R2K +0.5%.
SPX - daily
VIX - daily
Summary
US equities opened on a weak note, with the SPX printing 3824, but recovering to print a new cycle high of 3886. There was some rather significant latter day cooling though, to settle at 3830.
Volatility was ground lower, the VIX settling -4.1% to 27.28.
Thursday will see Q3 GDP (print'1), and that will likely garner consider attention.
Today's SPX candle is both a hollow red reversal (s/t bullish), but also a shooting star, which leans s/t bearish. I'm inclined to the latter, not least for a Thursday.
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Goodnight
from London
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