Tuesday, 21 January 2025

The second Trump market

US equity indexes closed broadly higher, SPX +52pts (0.9%) at 6049. Nasdaq comp' +0.6%. Dow +1.2%. The Transports settled +1.4%. R2K +1.8%

SPX - daily

VIX - daily

Summary

US equities opened on a moderately positive note, and whilst early price action was a little shaky (Nasdaq turned red), there was a secondary push upward, the SPX printing 6051, and settling at 6049.

Volatility was ground lower, the VIX settling -5.7% to 15.06.


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

Goodnight from London
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