Tuesday, 28 February 2023

February settles

US equity indexes closed a little weak, SPX -12pts (0.3%) at 3970. Nasdaq comp' -0.1%. Dow -0.7%. The Transports settled -0.7%. R2K -0.04%.

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode. There was a little cooling to fully fill Monday's opening gap to 3970, with further chop into the late afternoon. A final minute drop saw a new intraday low of 3968, and settling at 3970.

Volatility was ground lower into end month, the VIX settling -1.2% to 20.70. 


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

Goodnight from London
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