Thursday 23 February 2023

A lower low

US equity indexes closed on a positive note, SPX +21pts (0.5%) at 4012. Nasdaq comp' +0.7%. Dow +0.3%. The Transports settled +1.1%. R2K +0.7%.

SPX - daily

VIX - daily

Summary

US equities opened moderately higher, with the SPX printing 4028, before swinging lower to print a new s/t low of 3969. There was an afternoon recovery to 4021, with the SPX settling at 4012.

Volatility was subdued, the VIX printing 22.43, but cooling to settle -5.2% to 21.14.
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The moon, Jupiter, Venus, and some cranes


Next full moon March 7th


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

Goodnight from London
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