Monday, 27 January 2025

Into the Deep... Seek

US equity indexes closed rather mixed, SPX -88pts (1.5%) at 6012. Nasdaq comp' +3.1%. Dow +0.6%. The Transports settled +1.5%. R2K -1.0%

SPX - daily

VIX - daily

Summary

US equities opened on a very weak note, with the SPX falling to 5962. There was a bounce to 6017, before renewed cooling to 5979. The afternoon saw a bounce to settle at 6012.

Volatility saw a (cash market) early high of 20.61, before cooling to settle +20.5% to 17.90.
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Sunshine and showers

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

Goodnight from London
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