Thursday 9 March 2023

A typically red Thursday

US equity indexes closed very significantly lower, SPX -73pts (1.8%) at 3918. Nasdaq comp' -2.0%. Dow -1.6%. The Transports settled -2.0%. R2K -2.8%.

SPX - daily

VIX - daily

Summary

US equities opened a little higher, with the SPX pushing to 4017. From there, price increasingly spiraled into the closing hour, printing 3908, and settling at 3918. 

Volatility spiked, the VIX printing 23.14, and settling +18.3% to 22.61.


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

Goodnight from London
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