Thursday, 19 January 2023

A typically red Thursday

US equity indexes closed broadly weak, SPX -30pts (0.8%) at 3898. Nasdaq comp' -1.0%. Dow -0.8%. The Transports settled -1.3%. R2K -1.0%.

SPX - daily

VIX - daily

Summary

US equities opened broadly lower, largely pressured by other world markets. The SPX printed a new s/t low of 3885, an afternoon recovery to 3922, but renewed cooling in the closing hour to settle at 3898.

Volatility remained relatively subdued, the VIX printing 21.71, but cooling back to settle +0.9% to 20.52.
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Peak cranes... is never a good sign


Busy skies


Another sunset closer to summer 2023


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

Goodnight from London
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