Friday, 1 August 2025

August begins red

US equity indexes closed very significantly lower, SPX -101pts (1.6%) at 6238. Nasdaq comp' -2.2%. Dow -1.2%. The Transports settled -2.2%. R2K -2.0%

SPX - daily

VIX - daily

Summary

US equities opened significantly lower, with the SPX seeing a mini spiral to 6214. From there... a few swings, to settle very significantly lower at 6238. Volatility jumped, the VIX printing 21.90, and settling +21.9% to 20.38.


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

Goodnight from London
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