Tuesday, 12 September 2023

Cooling ahead of CPI

US equity indexes closed on a weak note, SPX -25pts (0.6%) at 4461. Nasdaq comp' -1.0%. Dow -0.05%. The Transports settled -0.5%. R2K -0.1%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, with the SPX cooling to 4463. There was a bounce to 4487... effectively filling the opening gap. The mid/late afternoon saw another wave lower to settle at 4461.

Volatility was a little mixed, the VIX printing a low 13.71, if settling +3.1% to 14.23.


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

Goodnight from London
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