Wednesday, 23 November 2022

Upside into Thanksgiving

US equity indexes closed on a positive note, SPX +23pts (0.6%) at 4027. Nasdaq comp' +1.0%. Dow +0.3%. The Transports settled +0.3%. R2K +0.2%.

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode, but then resumed clawing upward into the mid afternoon. 2pm saw a press release from Print Central, and after some initial swings, the market decided to resume upward to break a new cycle high of 4033, and settling moderately higher at 4027.

Volatility was ground lower, the VIX settling -4.4% to 20.35.
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Cold November rains

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

Goodnight from London
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