Thursday, 12 September 2024

Net bullish Thursday

US equity indexes closed on a positive note, SPX +41pts (0.7%) at 5595. Nasdaq comp' +1.0%. Dow +0.6%. The Transports settled +0.6%. R2K +1.3%

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode. The SPX saw a little cooling to 5535, if rebounding to break a new bounce high of 5600, and settling at 5595. Volatility was ground lower for the fifth day of six, the VIX settling -3.5% to 17.07.
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Full moon will be Sept'18th


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

Goodnight from London
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