Friday, 14 July 2023

Net bullish day & week

US equity indexes mostly closed on a weak note, SPX -4pts (0.1%) at 4505. Nasdaq comp' -0.2%. Dow +0.3%. The Transports settled -0.5%. R2K -0.9%

SPX - daily

VIX - daily

Summary

US equities opened a little higher, helped by earnings from the financials. The SPX broke a new cycle high of 4527. From there... choppy cooling into the late afternoon to 4499, settling fractionally lower at 4505.  

Volatility was ground lower into the weekend, the VIX settling -2.0% to 13.34.


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

Goodnight from London
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