Tuesday, 29 July 2025

Pre-FOMC cooling

US equity indexes closed on a weak note, SPX -18pts (0.3%) at 6370. Nasdaq comp' -0.4%. Dow -0.5%. The Transports settled -2.3%. R2K -0.6%

SPX - daily

VIX - daily

Summary

US equities opened a little higher, with the SPX printing a new hist' high of 6409. There was some cooling to 6363, and settling a little lower at 6370.

Volatility picked up a little, the VIX settling +6.3% to 15.98.


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

Goodnight from London
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