Monday, 10 June 2024

Positive leaning chop

US equity indexes closed on a positive note, SPX +13pts (0.3%) at 5360. Nasdaq comp' +0.3%. Dow +0.2%. The Transports settled +0.9%. R2K +0.4%

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode, if leaning a little weak. All the bears could manage was SPX 5331.. before recovering upward to 5365, and settling at 5360.

Volatility picked up, but the gain was largely technical, the VIX settling +4.3% to 12.74
-

Military activity is becoming more frequent, as geo-political tensions increase



WWIII will be trackable in real time

 

Twilight

 

Full moon will be June 22nd

 –
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