Tuesday, 3 June 2025

Clawing upward

US equity indexes closed on a positive note, SPX +34pts (0.6%) at 5970. Nasdaq comp' +0.8%. Dow +0.5%. The Transports settled +1.0%. R2K +1.7%

SPX - daily

VIX - daily

Summary

US equities opened broadly flat, but with powerless bears, the SPX clawed upward... printing a new cycle high of 5981, and settling at 5970.  Volatility was ground lower, the VIX settling -3.6% to 17.69.  


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

Goodnight from London
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