Thursday, 6 March 2025

Another red Thursday

US equity indexes mostly closed significantly lower, SPX -104pts (1.8%) at 5738. Nasdaq comp' -2.6%. Dow -1.0%. The Transports settled -0.4%. R2K -1.6% 

SPX - daily

VIX - daily

Summary

US equities opened very significantly lower, the SPX printing 5746... just 16pts above the 200dma. From there... a bounce to 5812, but a secondary wave lower to 5711, if recovering to settle at 5738.

Volatility picked up, the VIX printing 25.92, if cooling back to settle +13.4% at 24.87.


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

Goodnight from London
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