Tuesday, 11 March 2025

Another lower low

US equity indexes mostly closed on a weak note, SPX -42pts (0.8%) at 5572. Nasdaq comp' -0.2%. Dow -1.1%. The Transports settled -3.1%. R2K +0.2%

SPX - daily

VIX - daily

Summary

US equities opened broadly flat. The SPX took a broad swing lower, printing a new cycle low of 5528. There was a bounce into mid afternoon to 5636, if settling broadly lower at 5572.

Volatility remains elevated, the VIX printing a new cycle high of 29.57, if cooling back to settle -3.4% to 26.92.
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Full moon will be Friday



Landing on the moon is still not easy to do, as Intuitive Machines (LUNR) found out last Friday.

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

Goodnight from London
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