Thursday, 4 April 2024

An ugly Thursday reversal

US equity indexes closed significantly lower, SPX -64pts (1.2%) at 5147. Nasdaq comp' -1.4%. Dow -1.3%. The Transports settled -1.0%. R2K -1.0%

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, with the SPX printing 5256. The afternoon saw gains fading, with an ugly spiral to settle at 5147, but hey... it was a Thursday. 

Volatility was very mixed, the VIX printing a low of 13.74, if spiking upward to 16.92, and settling +14.1% to 16.35.


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

Goodnight from London
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