Wednesday, 22 February 2023

Midweek chop

US equity indexes closed a little mixed, SPX -6pts (0.1%) at 3991. Nasdaq comp' +0.1%. Dow -0.2%. The Transports settled -0.6%. R2K +0.3%.

SPX - daily

VIX - daily

Summary

US equities opened a little higher, but the gains were shaky from the start, with the SPX printing a new cycle low of 3983. From there... clawing upward into the mid afternoon. The closing hour saw a new low of 3976, with a mini ramp to settle at 3991.

Volatility was a little mixed, the VIX printing 23.45, if cooling back to settle -2.5% to 22.29.


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

Goodnight from London
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