Thursday 6 June 2024

Net bullish Thursday

US equity indexes mostly closed a little weak, SPX -1pt (0.02%) at 5352. Nasdaq comp' -0.1%. Dow +0.2%. The Transports settled -0.3%. R2K -0.7%

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode, but it was enough to see the Nasdaq comp' and SPX printing new historic highs, making it a net bullish Thursday. The bulk of the day was micro chop... an effective holding pattern ahead of Friday's monthly jobs data.

Volatility was subdued, the VIX settling -0.4% to 12.58.
-

Too big to fly

 

A white cat is a sign


Bullish flowers, bullish bees


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

Goodnight from London
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