Tuesday 16 April 2024

Lower lows, lower highs

US equity indexes mostly closed a little weak, SPX -10pts (0.2%) at 5051. Nasdaq comp' -0.1%. Dow +0.2%. The Transports settled -0.9%. R2K -0.3%

SPX - daily

VIX - daily

Summary

US equities opened a little choppy, as pre-market moderate gains failed to hold. The SPX leaned weak, printing a new cycle low of 5039, and settling at 5051. Volatility remained elevated, the VIX printing 19.45, if cooling back to settle -4.3% to 18.40. 


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

Goodnight from London
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