Monday, 5 May 2025

VE Monday

US equity indexes closed on a weak note, SPX -36pts (0.5%) at 5650. Nasdaq comp' -0.7%. Dow -0.2%. The Transports settled -0.5%. R2K -0.8%

SPX - daily

VIX - daily

Summary

Many markets - not least the UK, remained CLOSED, but US equities opened broadly lower... on yet more tariff chatter. However, all the bears could manage was 5634. There was a bounce to 5683, and settling moderately lower at 5650.

Volatility was a little mixed, the VIX printing an early high of 24.36, cooling to 22.81, and settling +4.2% at 23.64.
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Bullish Lancaster Bombers  


... around 1.45pm BST


Sunny, but a cold 8c/46f


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

Goodnight from London
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