Wednesday 8 March 2023

This is the way

US equity indexes closed a little mixed, SPX +5pts (0.1%) at 3992. Nasdaq comp' +0.4%. Dow -0.2%. The Transports settled +0.5%. R2K +0.05%.

SPX - daily

VIX - daily


US equities opened in minor chop mode. The Powell duly appeared at 10am, this time speaking to the US house...

The market broke a new cycle low of 3969, if recovering upward into the close, to settle fractionally higher at 3992.

Volatility was ground lower, the VIX settling -2.4% to 19.11. 

This is the way... for Disney.

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

Goodnight from London


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