Wednesday 2 October 2024

Bearish consolidation

US equity indexes closed mixed, SPX +0.8pts (0.01%) at 5709. Nasdaq comp' +0.1%. Dow +0.1%. The Transports settled -0.8%. R2K -0.1% 

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, but all the bears could manage was 5674, with a bounce to 5719, and settling fractionally higher at 5709. Volatility was a little mixed, the VIX printing an early high of 20.36, but cooling back to settle -1.9% to 18.90.
-

   Autumn colours


A day of sunshine and showers





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

Goodnight from London
--

 
If you value my work on Blogger, X, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com