Friday, 6 September 2024

Falling into the weekend

US equity indexes closed very significantly lower, SPX -94pts (1.7%) at 5408. Nasdaq comp' -2.5%. Dow -1.0%. The Transports settled -1.2%. R2K -1.9%

SPX - daily

VIX - daily

Summary

US equities opened a little choppy, with a vain bounce, to 5522. The SPX duly reversal, and spiraled to 5402, and settling at 5408.

Volatility was very mixed, the VIX printing an early low of 18.83, if spiking upward to 23.76, and settling +12.5% at 22.38.


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

Goodnight from London
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