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.
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   Autumn colours


A day of sunshine and showers





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Goodnight from London
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