Tuesday 30 July 2024

Shaky market

US equity indexes closed rather mixed, SPX -27pts (0.5%) at 5436. Nasdaq comp' -1.3%. Dow +0.5%. The Transports settled +0.7%. R2K +0.4%

SPX - daily

VIX - daily

Summary

US equities opened a little higher, but the SPX stalled at 5489, notably 2pts shy of last Thursday's high. From there... increasing downside to 5401, with a recovery to settle at 5436.

Volatility was mixed, the VIX printing 16.26, spiking to 18.32, and cooling back to settle +6.6% to 17.69.

An extremely active sun... as #everythingisfine




26c/78f


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

Goodnight from London
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