Tuesday, 25 August 2026

Tedious micro chop

US equity indexes closed a little higher, SPX +24pts (0.3%) at 7677. Nasdaq comp' +0.7%. Dow +0.3%. The Transports settled +0.1%. R2K +0.5%

SPX – daily

VIX – daily


Summary

Equities opened on a positive note, but all the bulls could manage was 7686, cooling to 7650, and settling at 7677.

Volatility was itself very subdued, the VIX settling -2.5% to 15.45.
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Spiky


21c/70f... another Goldilocks day


Bullish trees




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