Tuesday, 28 May 2024

Post holiday chop

US equity indexes closed a little mixed, SPX +1pt (0.02%) at 5306. Nasdaq comp' +0.6%. Dow -0.5%. The Transports settled -0.6%. R2K -0.1% 

SPX - daily

VIX - daily

Summary

Equities opened in minor chop mode, and remained that way into the early afternoon. There was a moderate cooling wave to 5280, with the SPX settling at 5306.

Volatility picked up, but the gain was largely technical, the VIX settling +8.3% to 12.92.


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

Goodnight from London
--

 

If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com