Friday 10 November 2023

Climbing into the weekend

US equity indexes closed significantly higher, SPX +67pts (1.6%) at 4415. Nasdaq comp' +2.0%. Dow +1.2%. The Transports settled +1.1%. R2K +1.1% 

SPX - daily

VIX - daily

Summary

US equities opened moderately higher, and whilst the gains were shaky, there was a secondary upward push that extended into the late afternoon. The SPX printed a new cycle high of 4418, and settling at 4415.

Volatility was ground lower, the VIX settling -7.3% to 14.17.


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

Goodnight from London
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