Friday, 14 April 2023

Reversing into the weekend

US equity indexes mostly closed on a weak note, SPX -8pts (0.2%) at 4137. Nasdaq comp' -0.3%. Dow -0.4%. The Transports settled +0.4%. R2K -0.9%. 

SPX - daily

VIX - daily

Summary

US equities opened a little choppy, but the SPX leaned upward to print a new multi-week high of 4163. From there.. a downside reversal to 4113, a recovery to settle at 4137.

Volatility was ground lower into the weekend, the VIX settling -4.1% to 17.07.


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

Goodnight from London
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