Monday 11 March 2024

Pre-CPI chop

US equity indexes closed somewhat mixed, SPX -5pts (0.1%) at 5117. Nasdaq comp' -0.4%. Dow +0.1%. The Transports settled +0.4%. R2K -0.8%

SPX - daily

VIX - daily

Summary

US equities opened a little weak, with the SPX cooling to 5091, and recovering to settle fractionally lower at 5117.

Volatility picked up, although the gain was partly technical due to the new week (old options rolled off, replaced by higher premium ones), the VIX printing 16.04, but cooling back to settling +3.3% to 15.22.


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

Goodnight from London
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