Monday, 22 July 2024

Monday bounce

US equity indexes closed significantly higher, SPX +59pts (1.1%) at 5564. Nasdaq comp' +1.6%. Dow +0.3%. The Transports settled +0.7%. R2K +1.6%

SPX - daily

VIX - daily

Summary

US equities opened moderately higher... and whilst there were a few cooling waves, the market kept resuming upward. Volatility cooled back, the VIX settling -9.7% to 14.91.
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A fine summer day


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

Goodnight from London
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