Wednesday, 14 August 2024

Testing the 50dma

US equity indexes closed somewhat mixed, SPX +20pts (0.4%) at 5455. Nasdaq comp' +0.03%. Dow +0.6%. The Transports settled +0.1%. R2K -0.6% 

SPX - daily

VIX - daily

Summary

US equities opened a little choppy. There was a little cooling to 5415, with a swing upward to 5463, and settling at 5455. Volatility was lower for the fifth day of seven, the VIX settling -10.6% to 16.19.


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

Goodnight from London
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