Friday, 22 September 2023

Failed bounce

US equity indexes closed on a weak note, SPX -9pts (0.2%) at 4320. Nasdaq comp' -0.1%. Dow -0.3%. The Transports settled -0.5%. R2K -0.25%

SPX - daily

VIX - daily

Summary

US equities opened a little choppy, if leaning on the positive side. The SPX printed 4357, but the gains fully faded, with indexes turning negative, the SPX printing a new s/t low of 4316, and settling 4320.

Volatility was ground lower, the VIX printing 15.93, if recovering to settle -1.9% to 17.20


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

Goodnight from London
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