Thursday, 19 December 2024

Weak bounce

US equity indexes mostly closed on a weak note, SPX -5pts (0.1%) at 5867. Nasdaq comp' -0.1%. Dow +0.04%. The Transports settled -0.6%. R2K -0.4%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, but it was just a weak bounce after Wednesday afternoon's smack down. Price action was shaky across the day, with weakening into the close, the SPX settling fractionally lower at 5867.

Volatility was knocked lower, the VIX printing a low of 20.16, but settling -12.8% to 24.09.
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Winter Solstice is this Saturday
 

Yours truly will die alone in the shadows


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

Goodnight from London
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