Thursday 28 September 2023

A green Thursday

US equity indexes closed on a positive note, SPX +25pts (0.6%) at 4299. Nasdaq comp' +0.8%. Dow +0.3%. The Transports settled +1.1%. R2K +0.9%

SPX - daily

VIX - daily

Summary

US equities opened a little choppy. All the bears could manage was 4264, with a significant upside reversal to 4317. There was a cooling wave to 4290, if recovering to settle at 4299.

Volatility was ground lower, the VIX settling -4.8% to 17.34.


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

Goodnight from London
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