US equity indexes mostly closed on a positive note, SPX +45pts (0.7%) at 6345. Nasdaq comp' +1.2%. Dow +0.2%. The Transports settled +0.8%. R2K -0.1%
SPX - daily
VIX - daily
Summary
US equities opened a little choppy, if leaning upward into the late afternoon to 6352, and settling moderately higher at 6345. Structure - as seen on a daily chart, is a pretty clean bearish pennant, suggestive of a break lower, with around 200pts of downside to around the 50dma in the 6160/50s.
Volatility was itself subdued, the VIX settling -6.0% to 16.77.
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