Wednesday, 7 June 2023

Midweek chop

US equity indexes closed very mixed, SPX -16pts (0.4%) at 4267. Nasdaq comp' -1.3%. Dow +0.3%. The Transports settled +2.5%. R2K +1.9%

SPX - daily

VIX - daily

Summary

US equities opened in minor chop, if leaning upward to print 4299. From there... choppy cooling into the early afternoon to 4263, and settling at 4267.

Volatility remained bizarrely repressed, the VIX printing a new multi-year low of 13.77, and settling -0.1% at 13.94.
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A fine clear day in London


In New York City... not so much


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

Goodnight from London
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