Wednesday 27 September 2023

Midweek swings

US equity indexes closed rather mixed, SPX +1pt (0.02%) at 4274. Nasdaq comp' +0.2%. Dow -0.2%. The Transports settled +0.1%. R2K +1.0%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, but all the bulls could manage was 4292, before a swing lower to break a new cycle low of 4238. The late afternoon saw a bounce to 4292, and cooling to settle at 4274.

Volatility was mixed, the VIX printing a new cycle high of 19.71, but cooling to settle -3.8% to 18.22.


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

Goodnight from London
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