Friday 2 December 2022

A mixed Friday

US equity indexes closed a little mixed, SPX -4pts (-0.1%) at 4071. Nasdaq comp' -0.2%. Dow +0.1%. The Transports settled -0.1%. R2K +0.6%

SPX - daily

VIX - daily

Summary

US equities opened significantly lower, as the monthly jobs data was seen as 'good news is bad news'. The SPX printed 4026, but there was a rather strong bounce stretching into the late afternoon, printing 4080, and settling fractionally lower at 4071.

Volatility broke a new cycle low of 18.95, the VIX settling -3.9% to 19.06... the first weekly settlement under the key 20 threshold since early April.

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Once more... night must fall


Night falls and the lights come on


Full moon is Dec'7th

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

Goodnight from London
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