Monday, 12 June 2023

Battling upward ahead of CPI

US equity indexes closed broadly higher, SPX +40pts (0.9%) at 4338. Nasdaq comp' +1.5%. Dow +0.6%. The Transports settled +0.4%. R2K +0.4%

SPX - daily

VIX - daily

Summary

US equities opened a little higher, with the SPX battling upward, breaking above the Aug'2022 high (4325), printing 4340, and settling at 4338.

Volatility picked up, the VIX setting +8.5% to 15.01. 
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Bullish radar

Bullish summer storms, especially those with lightning and hail

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

Goodnight from London
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