Monday, 28 November 2022

Starting weak

US equity indexes closed very significantly lower, SPX -62pts (1.5%) at 3963. Nasdaq comp' -1.6%. Dow -1.4%. The Transports settled -2.1%. R2K -2.0%.

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, and whilst there were a few bounce attempts, the market broadly slid lower into the late afternoon. 

Meanwhile...

Early morning in Mauna Loa, Hawaii

Video source >>> https://youtu.be/YxO48PxHW-Q
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Volatility picked up, the VIX settling +8.3% to 22.21.

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Next full moon is Dec'7th

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

Goodnight from London
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