Tuesday 25 April 2023

Breaking lower

US equity indexes closed very significantly lower, SPX -65pts (1.6%) at 4071. Nasdaq comp' -2.0%. Dow -1.0%. The Transports settled -3.6%. R2K -2.5%

SPX - daily

VIX - daily

Summary

US equities opened moderately lower. There was a vain attempt to bounce, but the market slid broadly lower into the late afternoon.

Volatility picked up, the VIX printing 19.86, if cooling back to settle +11.1% to 18.76.
-

Chilly, but sunny

 

Next full moon is May 5th

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

Goodnight from London
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