Wednesday, 10 July 2024

Another step higher

US equity indexes closed significantly higher, SPX +56pts (1.0%) at 5633. Nasdaq comp' +1.2%. Dow +1.1%. The Transports settled +0.7%. R2K +1.0%

SPX - daily

VIX - daily

Summary

Today was much like Tuesday, which was much like Monday, which was....  well, you get the idea. The SPX and Nasdaq comp' broke new hist' highs, as the market continues to stair step upward. 

Volatility picked up a little, the VIX settling +2.7% to 12.85.
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#everythingisfine


AR3738... directly facing Earth.


One of many


Sunny, but 17c/62f isn't exactly warm


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

Goodnight from London
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