Tuesday, 6 December 2022

Bearish follow through

US equity indexes closed significantly lower, SPX -57pts (1.4%) at 3941. Nasdaq comp' -2.0%. Dow -1.0%. The Transports settled -1.1%. R2K -1.5%.

SPX - daily

VIX - daily


US equities opened in micro chop mode... but the sellers appeared, with the SPX sliding into the mid afternoon. The late afternoon saw a moderate bounce from 3918.

Volatility picked up some more, the VIX settling +6.8% to 22.17.

A cold, if sunny day


Above the treeline...


Almost full

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

Goodnight from London


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