US equity indexes closed very mixed, SPX +36pts (0.9%) at 4151. Nasdaq comp' +1.7%. Dow -0.1%. The Transports settled +1.4%. R2K -0.8%.
SPX - daily
VIX - daily
Summary
US equity indexes mostly opened on a positive note, but the gains were shaky from the start, with the SPX cooling from 4155 to 4129. There was a secondary push upward... if very choppy, settling at 4151.
Volatility was ground lower, the VIX settling -4.4% to 19.14.
Whilst a few indexes settled lower, it was to be seen as a net bullish Thursday. The only issue is whether the political hacks will announce they have a debt ceiling agreement, before... or not until after the long weekend.
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| A fine day in late May |
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| Bullish moon |
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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset
Goodnight from London
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