Thursday 10 November 2022

Not your typical Thursday

US equity indexes closed very powerfully higher, SPX +207pts (5.5%) at 3956. Nasdaq comp' +7.3%. Dow +3.7%. The Transports settled +5.5%. R2K +6.1%.

SPX - daily

VIX - daily

Summary

US equities were leaning a little higher in pre-market, and then the latest inflation data was released. The SPX screamed higher from +9pts to open +111pts.

 

Mainstream HACKS

From there... a push to 3927, a little cooling, but another wave upward into the closing hour, to settle very powerfully higher at 3956... just 44pts (1.1%) from psy' 4K.

Volatility was naturally lower, with the VIX settling -9.8% to 23.53.

Today sure wasn't your typical Thursday, with almost every box green.


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

Goodnight from London
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