Tuesday 5 December 2023

Tuesday chop

US equity indexes mostly closed on a weak note, SPX -2pts (0.1%) at 4567. Nasdaq comp' +0.3%. Dow -0.2%. The Transports settled -1.5%. R2K -1.3%

SPX - daily

VIX - daily

Summary

US equities opened moderately lower, but all the bears could manage was 4551, with a fast bounce to 4578. From around 10am... considerable minor chop, that continued across the day, settling at 4567.

Volatility was a little mixed, the VIX ghost printing 13.76, and settling -1.8% to 12.85.


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

Goodnight from London
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