US equity indexes closed very significantly lower, SPX -95pts (1.6%) at 5844. Nasdaq comp' -1.4%. Dow -1.9%. The Transports settled -2.7%. R2K -2.7%
SPX - daily
VIX - daily
Summary
Monday opened sig' lower, but rebounded.
Tuesday opened weak, but rebounded.
US equities opened Wednesday broadly lower, the SPX printing a low of 5899, but rebounding to 5938
However, the afternoon saw a lousy bond market auction, with equities taking a very significant swing lower, printing 5830, and settling at 5844.
Volatility was very mixed, the VIX printing a 1pm low of 17.77, but swinging powerfully higher to 21.05, and settling +15.4% to 20.87.
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| Walked ten thousand times? |
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| Bearish shadows |
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| A fine end to the day |
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| Bullish flowers |
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Extra charts in AH (usually around 5pm EDT) @
https://x.com/Trading_Sunset
Goodnight
from London
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