Friday, 19 April 2024

A very weak OPEX

US equity indexes closed very mixed, SPX -43pts (0.9%) at 4967. Nasdaq comp' -2.0%. Dow +0.6%. The Transports settled +0.9%. R2K +0.1%. 

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode. The bulls could only manage 5019, with SPX duly resuming lower, printing a new cycle low of 4953, and settling at 4967. Volatility remained elevated, the VIX settling +3.9% to 18.71. Today's net gain for OPEX is very unusual.
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Sycamore (I think)


Full moon will be April 24th


A fine spring day


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

Goodnight from London
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