Tuesday 16 July 2024

Battling upward

US equity indexes closed on a broadly positive note, SPX +35pts (0.6%) at 5667. Nasdaq comp' +0.2%. Dow +1.8%. The Transports settled +3.3%. R2K +3.4%

SPX - daily

VIX - daily

Summary

It was a day of considerable... if mostly positive leaning chop.
The SPX broke a new hist' high in the final minutes, as #everythingisfine

Volatility remained subdued, the VIX settling +0.5% to 13.19.
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Life finds a way


Cloudy... if kinda warm

 

Full moon will be Sunday July 21st.


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

Goodnight from London
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