Friday 3 May 2024

A net bullish week

US equity indexes closed significantly higher, SPX +63pts (1.3%) at 5127. Nasdaq comp' +2.0%. Dow +1.2%. The Transports settled +0.7%. R2K +1.0%

SPX - daily

VIX - daily

Summary

US equities ended the week on a bullish note, the SPX settling at 5127.
Volatility was naturally ground lower into the weekend, the VIX settling -8.1% to 13.49.


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

Goodnight from London
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