Friday 5 May 2023

Climbing into the weekend

US equity indexes closed very significantly higher, SPX +75pts (1.8%) at 4136. Nasdaq comp' +2.2%. Dow +1.6%. The Transports settled +2.1%. R2K +2.4%.

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, and built very significant gains into the mid afternoon. The SPX printed 4147, and settling at 41   .

Volatility was ground lower into the weekend, the VIX printing 16.69, and settling -14.4% to 17.19.
-






  100.00%


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

Goodnight from London
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