Friday, 12 May 2023

Cooling into the weekend

US equity indexes closed a little weak, SPX -6pts (0.2%) at 4124. Nasdaq comp' -0.3%. Dow -0.03%. The Transports settled -0.4%. R2K -0.2%.

SPX - daily

VIX - daily

Summary

US equities opened moderately higher, but all the bulls could manage was 4143. From there... choppy cooling to 4099, with a mini ramp in the late afternoon to settling at 4124.

Volatility was a little mixed, the VIX printing 16.38, but swinging upward to 17.92, and cooling back to settle +0.6% to 17.03.


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

Goodnight from London
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