Wednesday 3 April 2024

Midweek swings

US equity indexes mostly closed a little higher, SPX +5pts (0.1%) at 5211. Nasdaq comp' +0.2%. Dow -0.1%. The Transports settled +0.7%. R2K +0.6% 

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode, if leaning a little weak. All the bears could manage was 5194, before an upside reversal to 5228. The afternoon saw a little cooling, to settle at 5211. Volatility was a little mixed, the VIX printing 15.18, but cooling back to settle -1.9% to 14.33.
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Will they finish building before the Russian nukes land?


The failed state of the UK


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

Goodnight from London
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