Wednesday, 23 April 2025

Midweek positivity

US equity indexes closed very significantly higher, SPX +88pts (1.7%) at 5375. Nasdaq comp' +2.5%. Dow +1.1%. The Transports settled +1.1%. R2K +1.6% 

SPX - daily

VIX - daily

Summary

US equities opened rather powerfully higher, with the SPX pushing to 5469. There was a natural cooling wave into the afternoon to 5356, and settling at 5375.

Volatility was ground lower for the 7th day of 10, the VIX settling -6.9% to 28.45.
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Extra charts in AH (usually around 5pm EDT) @ https://x.com/Trading_Sunset

Goodnight from London
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