Wednesday 16 October 2024

Midweek gains

US equity indexes closed on a positive note, SPX +27pts (0.5%) at 5842. Nasdaq comp' +0.3%. Dow +0.8%. The Transports settled +1.9%. R2K +1.6%

SPX - daily

VIX - daily

Summary

US equity indexes opened a little mixed, but all the bears could manage was SPX 5808, with upside into the late afternoon to 5846, and settling at 5842.

Volatility was mixed, an opening high of 21.01 (largely due to VIX-OPEX), if cooling back to settle -5.1% to 19.58.
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The failed state of the UK... is NOT safe for Americans


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

Goodnight from London
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