Tuesday, 9 May 2023

Cooling ahead of CPI

US equity indexes closed a little weak, SPX -18pts (0.5%) at 4119. Nasdaq comp' -0.6%. Dow -0.2%. The Transports settled -0.4%. R2K -0.3%. 

SPX - daily

VIX - daily

Summary

Equities opened on a weak note, but all the bears could manage was sp'4116, with a choppy recovery to 4130, and settling at 4119. Volatility picked up a little, the VIX settling +4.3% to 17.71.


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

Goodnight from London
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