Monday 15 May 2023

Positive leaning chop

US equity indexes mostly closed a little higher, SPX +12pts (0.3%) at 4136. Nasdaq comp' +0.7%. Dow +0.15%. The Transports settled +0.5%. R2K +1.2%.

SPX - daily

VIX - daily

Summary

US equities saw considerable chop, if mostly leaning on the positive side. The bulls managed 4141, if cooling back to settle at 4136. Volatility was subdued, the VIX settling +0.5% to 17.12.
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11c/52f makes for a cold May.

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

Goodnight from London
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