Monday 20 May 2024

Monday chop

US equity indexes closed a little mixed, SPX +4pts (0.1%) at 5308. Nasdaq comp' +0.6%. Dow -0.5%. The Transports settled -0.5%. R2K +0.2% 

SPX - daily

VIX - daily


US equities began the week in minor chop mode. The SPX did lean upward to 5325, which made for a mini double top. The afternoon saw a little cooling to settle fractionally higher at 5308.

Volatility remained subdued, the VIX settling +1.3% to 12.15.

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