Weak leaning chop

US equity indexes mostly closed a little weak, SPX -9pts (0.2%) at 4538. Nasdaq comp' -0.6%. Dow -0.2%. The Transports settled +0.1%. R2K -1.3%

SPX - daily

VIX - daily

Summary

US equities opened a little weak. All the bears could manage though was 4525, with a choppy bounce to 4542, and settle at 45   

Volatility remained crushed, the VIX printing a new cycle low of 13.13, and settling -0.4% to 13.35.
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An impressive 360' video from SpaceX, of the recent test'2 of Starship.
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Full moon is due Nov'27th

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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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Positive leaning chop

US equity indexes closed on a positive note, SPX +33pts (0.7%) at 4547. Nasdaq comp' +1.1%. Dow +0.6%. The Transports settled +0.3%. R2K +0.6%

SPX - daily

VIX - daily

Summary

The market began the week, in the same style as last week concluded... minor chop. Yet with near zero downside power, the market clawed upward to break a new cycle high of 4557, and settling at 4547.

Volatility was ground lower, the VIX breaking a new cycle low of 13.39, settling -2.8% to 13.41.
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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com

Weekend update - US equity indexes

It was a bullish week for US equity indexes, with net weekly gains ranging from +5.4% (R2K), +3.5% (Trans), +2.8% (NYSE comp'), +2.4% (Nasdaq comp'), +2.2% (SPX), to +1.9% (Dow).

Lets take our regular look at six of the main US indexes

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

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Summary

All six US equity indexes were net higher for the week.

The R2K lead the way up, whilst the Dow lagged. 

Weekly momentum ticked upward in all six indexes, with all indexes set to have positive weekly momentum by Nov'27th.

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Looking ahead

It will be a very short 3.5 day trading week. 

Earnings:

M - ZM, A, SYM, TCOM, KEYS, BRBR, CENT

T - KSS, MDT, LOW, BBY, BIDU, ANF, BURL, DKS, AEO, ADI, NVDA, HPQ, ADSK, JWN, JACK, URBN, GES

W - DE, BZUN,

T - *CLOSED*... for Thanksgiving

F - *EARLY CLOSING 1pm ET*

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Econ-data/events

M - Leading indicators

T - Existing home sales, FOMC mins (2pm)

W - Weekly jobs, Durable goods orders, consumer sent'

T - *CLOSED* for Thanksgiving

F - PMI serv', PMI manu', *EARLY CLOSING 1pm*

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Have a good weekend
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*the next post on this page will likely appear 4.20pm EST on Monday.