Wednesday 27 March 2024

A green Wednesday

US equity indexes closed broadly higher, SPX +44pts (0.9%) at 5248. Nasdaq comp' +0.5%. Dow +1.2%. The Transports settled +1.1%. R2K +2.2%

SPX - daily

 

VIX - daily


Summary

US equities opened moderately higher, with all of Tuesday's closing hour drop quickly negated. The opening gains were shaky though, with some cooling to 5213. The afternoon saw a secondary push upward, with a closing hour mini ramp, the SPX settling at 5248.

Volatility was ground lower, the VIX settling -3.5% to 12.78.
-

Even more green than the SPX


Bullish construction


      A fine sunset


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

Goodnight from London
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