US equity indexes mostly closed on a weak note, SPX -7pts (0.2%) at 4217. Nasdaq comp' +0.3%. Dow -0.6%. The Transports settled -1.5%. R2K -0.8%
SPX - daily
VIX - daily
Summary
US equities opened moderately lower, with the SPX taking out the recent low of 4216, and printing 4189. From there... a bounce, if choppy, that extended into the early afternoon to 4255, and cooling back to settle at 4217.
Volatility was mixed, the VIX printing a (cash market) high of 22.47, if cooling back to 19.48, and settling -6.2% to 20.37
Tuesday appears prone to starting positive, but with today's new cycle low, this market is to be seen as short & mid term BROKEN. SPX 4K doesn't look overly difficult by Halloween.
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Goodnight
from London
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