Wednesday 6 December 2023

Midweek downside reversal

US equity indexes closed a little weak, SPX -17pts (0.4%) at 4549. Nasdaq comp' -0.6%. Dow -0.2%. The Transports settled -0.4%. R2K -0.2%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, but the gains were shaky from the start, the SPX maxing out from 4590. From there... choppy cooling into the late afternoon to 4546, and settling at 4549.

Volatility was a little mixed, the VIX printing 12.64, but picking up to settle +0.9% to 12.97 
-

A fine December day

-

San Francisco to London...


 

Guest appearance by yours truly at 36min 50'
 

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

Goodnight from London
--

 

If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com