Monday 11 December 2023

Positive leaning micro chop

US equity indexes closed on a positive note, SPX +18pts (0.4%) at 4622. Nasdaq comp' +0.2%. Dow +0.4%. The Transports settled +1.2%. R2K +0.2%

SPX - daily

VIX - daily

Summary

US equities opened in micro chop mode, but the market clawed upward to break a new cycle high of 4623, settling at 4622. Volatility was a little mixed, the VIX printing 13.09, if cooling back to settle +2.3% to 12.63.
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Goodnight from London
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