Thursday, 23 April 2026

Daily momentum is weakening

US equity indexes closed on a weak note, SPX -29pts (0.4%) at 7108. Nasdaq comp' -0.9%. Dow -0.4%. The Transports settled -3.8%. R2K -0.3%

SPX - daily


VIX - daily


Summary

US equities saw a morning of considerable chop, although the SPX did manage a fractional new hist' high. The afternoon saw a break lower on a war headline, the SPX printing 7046, and settling moderately lower at 7108.

Volatility was mixed, the VIX printing a high of 21.56. and settling +2.1% to 19.31. 
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Once more... night must fall 



Summer is another day closer


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