Monday, 8 June 2026

A vain bounce

US equity indexes mostly closed on a positive note, SPX +21pts (0.3%) at 7405. Nasdaq comp' +0.9%. Dow -0.2%. The Transports settled +1.0%. R2K +0.9% 

SPX – daily

VIX – daily


Summary

US equities opened broadly higher, but all the bulls could manage was 7466. There was cooling to 7395, and settling at 7405. The black candle doesn't bode so great for Tuesday. 

Volatility was knocked lower, the VIX printing 17.94, but recovering to settle -12.0% at 18.92. 
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Bullish trees
 

 15c/59f... makes for easy sleep


Once more... night must fall


Jupiter (L), and Venus (R)

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