Monday 6 March 2023

Reversal ahead of Powell

US equity indexes closed on a somewhat weak note, SPX +2pts (0.1%) at 4048. Nasdaq comp' -0.1%. Dow +0.1%. The tw0 leaders - Transports settled -0.9%, with the R2K -1.5%.

SPX - daily

VIX - daily


US equities began the week on a positive note, the SPX pushing to 4078 around 11am. From there, the market cooled back, the SPX turning fractionally negative to 4044, and settling at 4048.

Volatility was itself muted, the VIX settling +0.6% to 18.61.

Hazy night skies. Full moon is March 7th

Extra charts in AH (usually around 5pm EST) @

Goodnight from London


If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: