Tuesday 30 May 2023

Tuesday chop

US equity indexes closed a little mixed, SPX +0.07pts (0.00%) at 4205. Nasdaq comp' +0.3%. Dow -0.1%. The Transports settled +0.4%. R2K -0.4%

SPX - daily


VIX - daily

Summary

US equities opened moderately higher on the provisional debt ceiling agreement, but the gains were shaky from the start. The SPX printed 4231, but choppily cooled to 4192. There was a late day recovery to settle effectively flat at 4205.

Volatility was a little mixed, the VIX printing 18.34, but cooling back to settle -2.7% to 17.46.


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

Goodnight from London
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