Thursday, 26 September 2024

Black candle Thursday

US equity indexes closed moderately higher, SPX +23pts (0.4%) at 5745. Nasdaq comp' +0.6%. Dow +0.6%. The Transports settled +0.4%. R2K +0.5%

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, with the SPX printing a new hist' high of 5767. The gains were shaky from the start though, with some choppy cooling into the afternoon to 5721, and settling at 5745. 

Today saw a great many black candles, as equities closed positive, but settling below their opening levels.

Volatility was a little mixed, the VIX printing an opening low of 15.17, but leaning upward to 15.83, and settling -0.3% to 15.37.


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

Goodnight from London
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