Tuesday, 12 November 2024

A little weakness

US equity indexes closed on a weak note, SPX -17pts (0.3%) at 5983. Nasdaq comp' -0.1%. Dow -0.9%. The Transports settled -1.0%. R2K -1.8%

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode, but there was some broad cooling into the mid afternoon. The SPX found a floor at 5960, recovering to settle at 5983.

Volatility was subdued, the VIX settling -1.7% at 14.71.

-

   Fading greens


     Bullish construction


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

Goodnight from London
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