Friday 23 June 2023

Cooling into the weekend

US equity indexes closed broadly lower, SPX -33pts (0.8%) at 4348. Nasdaq comp' -1.0%. Dow -0.6%. The Transports settled -0.7%. R2K -1.6%.

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, with the SPX cooling to 4343. From there, a choppy recovery to 4366, a secondary wave lower to 4341, and settling at 4348. Volatility remained subdued, the VIX printing an opening high of 13.77, but cooling back to settle +4.1% to 13.44.
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21c/70f... Goldilocks.


One sun dog and a G-type star.

 

Next full moon... July 3rd

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

Goodnight from London
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