Thursday, 22 May 2025

Thursday chop

US equity indexes closed a little mixed, SPX -2pts (0.04%) at 5842. Nasdaq comp' +0.3%. Dow u/c. The Transports settled +0.4%. R2K +0.01%

SPX - daily

VIX - daily

Summary

US equities saw a day of considerable minor chop. S/t equity structure is a bear flag, with a mirror bull flag in the VIX.  Volatility was itself muted, the VIX settling -2.8% to 20.28.


Extra charts in AH (usually around 5pm EDT) @ 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