Friday, 4 April 2025

Horror into the weekend

US equity indexes closed very powerfully lower, SPX -322pts (6.0%) at 5074. Nasdaq comp' -5.8%. Dow -5.5%. The Transports settled -3.4%. R2K -4.5%

SPX - daily

VIX - daily

Summary

US equities opened powerfully higher, and whilst there were a few bounce attempts, the SPX broke a new cycle low of 5069, and settling at 5074. On any basis... it was a horrific Friday. 

Volatility spiked, the VIX settling +50.9% at 45.31.
-

Sunny... in the failed state of the UK


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