Tuesday, 21 October 2025

Bullish consolidation

US equity indexes closed mixed, SPX +0.2pts (0.00%) at 6735. Nasdaq comp' -0.2%. Dow +0.5%. The Transports settled +0.8%. R2K -0.4%

SPX - daily

VIX - daily

Summary

US equities opened broadly flat. Despite considerable chop, the bulls did manage a new s/t high of 6752, if cooling back to settle almost precisely flat at 6735.  Volatility was ground lower for a third consecutive day, the VIX settling -2.0% to 17.87. 
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