Friday, 16 August 2024

Positive chop into the weekend

US equity indexes closed a little higher SPX +11pts (0.2%) at 5554. Nasdaq comp' +0.2%. Dow +0.2%. The Transports settled +0.5%. R2K +0.3%

SPX - daily

VIX - daily

Summary

Equities saw considerable chop into the early afternoon, but did lean upward to print a new cycle high of 5561, and settle at 5554. Volatility was ground lower into the weekend, the VIX settling -2.8% to 14.80.
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... around 7.20pm BST



 

Talk about 'fly me to the moon'


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

Goodnight from London
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