Wednesday, 19 March 2025

FOMC positivity

US equity indexes closed significantly higher, SPX +60pts (1.1%) at 5675. Nasdaq comp' +1.4%. Dow +0.9%. The Transports settled +0.5%. R2K +1.6%

SPX - daily

VIX - daily

Summary

US equities opened a little higher, with the SPX leaning upward ahead of the Powell...

The CEO of Print Central


The Fed not surprisingly did nothing, with equities seeing an extra burst upward to 5715, if cooling back to settle at 5675. Volatility was ground lower, the VIX settling -8.3% to 19.90.


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

Goodnight from London
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