Wednesday 5 June 2024

Wednesday strength

US equity indexes mostly closed significantly higher, SPX +62pts (1.2%) at 5354. Nasdaq comp' +2.0%. Dow +0.25%. The Transports settled +1.2%. R2K +1.5%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, and whilst the opening gains were shaky, there was a secondary up wave, the SPX breaking a new hist' high, settling at 5354.

Volatility was ground lower, the VIX settling -4.0% to 12.63.
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15c/59f... barely rates as mild


Life finds a way


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

Goodnight from London
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