Tuesday, 17 December 2024

Downside ahead of the Fed

US equity indexes closed on a broadly weak note, SPX -23pts (0.4%) at 6050. Nasdaq comp' -0.3%. Dow -0.6%. The Transports settled -1.1%. R2K -1.4%

SPX - daily

VIX - daily

Summary

US equities opened a little weak, and despite a few bounce attempts, the SPX printing 6035, and settling at 6050. Volatility picked up, the VIX settling +8.0% to 15.87.


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

Goodnight from London
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