Monday, 22 April 2024

Bounce mode

US equity indexes closed significantly higher, SPX +43pts (0.9%) at 5010. Nasdaq comp' +1.1%. Dow +0.7%. The Transports settled +0.9%. R2K +1.1%

SPX - daily

VIX - daily

Summary

US equities opened moderately higher, the SPX pushing to 4996, but cooling to 4969. There was a far stronger secondary upward push to 5038, and settling at 5010.

Volatility was ground lower, the VIX settling -9.5% to 16.94.


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

Goodnight from London
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