Friday, 16 May 2025

OPEX into the weekend

US equity indexes closed broadly higher, SPX +41pts (0.7%) at 5958. Nasdaq comp' +0.5%. Dow +0.8%. The Transports settled +0.8%. R2K +0.9%

SPX - daily

VIX - daily

Summary

US equities saw yet another of considerable chop... if positive leaning, the SPX settling at a new cycle high of 5958. Volatility was ground lower into weekend, the VIX settling -3.3% to 17.24.
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Margin long... shadows


13c/55f... a chill


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

Goodnight from London
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