Friday 18 November 2022

Naturally choppy OPEX

US equity indexes closed a little higher, SPX +18pts (0.5%) at 3965. Nasdaq comp' +0.01%. Dow +0.6%. The Transports settled +0.7%. R2K +0.6%

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, with the SPX printing 3979. Yet the gains were shaky from the start, with most indexes turning negative... if only fractionally. The bulk of the day saw considerable chop, leaning a little higher into the weekend.

Volatility was ground lower into the weekend, the VIX settling -3.4% to 23.12.

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

Goodnight from London
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