Tuesday, 25 February 2025

A lower low

US equity indexes mostly closed on a weak note, SPX -28pts (0.5%) at 5955. Nasdaq comp' -1.3%. Dow +0.4%. The Transports settled -0.04%. R2K -0.4%

SPX - daily

VIX - daily

Summary

US equities opened broadly flat... but the SPX took a swing lower, breaking a lower low of 5908, just 3pts shy of tagging red gap. The late afternoon saw a bounce to 5992, if settling moderately lower at 5955.

Volatility picked up, the VIX printing 21.48, if cooling back to settle +2.4% to 19.43.
-



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

Goodnight from London
--

 

If you value my work on Blogger, X, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com