Monday, 14 September 2026

Monday upside reversal

US equity indexes mostly closed on a weak note, SPX -37pts (0.5%) at 7619. Nasdaq comp' -0.6%. Dow -0.3%. The Transports settled +0.5%. R2K -0.3%

SPX – daily

VIX – daily


Summary

US equities opened weak, but all the bears could manage was 7592, an effective fill of last Friday's opening gap. From there... a choppy bounce to settle moderately lower at 7619.

Volatility was mixed, the VIX printing an opening high of 17.72, but cooling back to settle +7.9% to 17.10.
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Bullish construction
 

WTIC >$100 isn't helping the airlines


The golden hellscape



... another day closer to the fall



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