Wednesday 8 May 2024

Midweek chop

US equity indexes closed a little mixed, SPX -0.03pts (0.00%) at 5187. Nasdaq comp' -0.2%. Dow +0.4%. The Transports settled -0.1%. R2K -0.6%

SPX - daily

VIX - daily


Summary

US equities opened a little weak, but all the bears could manage was 5165, before recovering upward, settling almost precisely flat at 5187.

Volatility remained subdued, the VIX printing a new cycle low of 12.94, and settling -1.7% to 13.00.
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            Older than yours truly


Departing London


Another fine evening


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

Goodnight from London
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