Tuesday, 13 August 2024

Battling upward

US equity indexes closed very significantly higher, SPX +90pts (1.7%) at 5434. Nasdaq comp' +2.4%. Dow +1.0%. The Transports settled +1.0%. R2K +1.6%

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, with the SPX powering upward into the mid afternoon to 5436, and settling at 5434. Volatility was ground lower for the fourth day of six, the VIX settling -12.5% to 18.12.
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Full moon madness > Monday August 19th


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

Goodnight from London
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