Tuesday 5 March 2024

Pre-Powell depression

US equity indexes closed significantly lower, SPX -52pts (1.0%) at 5078. Nasdaq comp' -1.6%. Dow -1.0%. The Transports settled -1.0%. R2K -1.0%

SPX - daily

VIX - daily


US equities opened moderately lower, with the SPX falling to 5056, if recovering to settle at 5078.

Volatility picked up, the VIX printing 15.10, if cooling back to settle +7.2% to 14.46.

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

Goodnight from London


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