Tuesday 18 April 2023

Tuesday chop

US equity indexes mostly closed a little lower, SPX +3pts (0.1%) at 4154. Nasdaq comp' -0.04%. Dow -0.03%. The Transports settled -0.1%. R2K -0.4%.

SPX - daily

VIX - daily

Summary

US equities opened moderately higher, but the gains were shaky from the start, with indexes turning fractionally negative. From there... considerable micro chop into the late afternoon. 

Volatility remained subdued, the VIX printing a new cycle low of 16.58, and settling -0.7% at 16.83.


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

Goodnight from London
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