Thursday, 20 August 2026

The black candles played out

US equity indexes closed broadly lower, SPX -66pts (0.9%) at 7641. Nasdaq comp' -1.0%. Dow -1.3%. The Transports settled -0.4%. R2K -1.4%

SPX – daily

VIX – daily


Summary

Equities leaned weak across the day, the SPX settling broadly lower to 7641.

Volatility picked up, the VIX settling +6.5% to 16.01.

As I hold onto a thin thread of hope


The bigger they get... the hungrier they get

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