US equity indexes closed very mixed, SPX -27pts (0.5%) at 5399. Nasdaq comp' -0.9%. Dow +0.2%. The Transports settled +1.3%. R2K +1.2%
SPX - daily
VIX - daily
Summary
US equities opened in minor chop mode, but it didn't take long for the SPX to lean moderately weak to break a new cycle low of 5390. However, there was a rather powerful upside reversal, printing 5491, but cooling back to settle at 5399.
Volatility was very mixed, the VIX printing a new cycle high of 19.36, cooling back to 16.42, and settling +2.3% to 18.46.
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Goodnight
from London
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