Thursday 2 March 2023

A Thursday floor

US equity indexes closed on a positive note, SPX +29pts (0.8%) at 3981. Nasdaq comp' +0.7%. Dow +1.0%. The Transports settled +1.9%. R2K +0.3%.

SPX - daily

VIX - daily

Summary

US equities opened moderately lower, with the SPX printing a new cycle low of 3928. There was a latter day recovery, settling +0.8% to 3981. 

Volatility remained subdued, the VIX printing 21.09 (cash market), and cooling back to settle -4.8% to 19.59.
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Some of the trees are still holding onto last years leaves


Spring is March 20th

 

Above the rooftops... Venus and Jupiter


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

Goodnight from London
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