Friday, 7 February 2025

Falling into the weekend

US equity indexes closed significantly lower, SPX -57pts (0.9%) at 6025. Nasdaq comp' -1.4%. Dow -1.0%. The Transports settled -0.3%. R2K -1.2%

SPX - daily

VIX - daily


Summary

US equities opened broadly flat, but the SPX did lean upward to 6101. There was a distinct reversal from an upper channel trend, with steady downside to 6019, and settling at 6025.

Volatility was mixed, the VIX printing an early low of 14.79, printing 16.66, and settling +6.7% to 16.54.

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

Goodnight from London
--

 

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

Thursday, 6 February 2025

The tedium continues

US equity indexes closed mixed, SPX +22pts (0.4%) at 6083. Nasdaq comp' +0.5%. Dow -0.3%. The Transports settled +0.4%. R2K -0.4%

SPX - daily

VIX - daily

Summary

It was another rather tedious day in equity land, the SPX seeing considerable minor chop. The late afternoon saw a mini ramp from 6046 to settled +0.4% to 6083. Volatility was ground lower for a third day, the VIX settling -1.7% to 15.50.
-

      Bullish winter sun

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

Goodnight from London
--

 

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

Wednesday, 5 February 2025

Midweek tedium

US equity indexes closed on a positive note, SPX +23pts (0.4%) at 6061. Nasdaq comp' +0.2%. Dow +0.7%. The Transports settled +0.2%. R2K +1.1%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, but all the bears could manage was 6007, before clawing upward to 6062, and settling at 6061. Volatility was ground lower for a second day, the VIX settling -8.4% to 15.77.

-

The construction continues


Spring isn't far away

 

Full moon is Feb'12th

 

Maximum zoom (372x)

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

Goodnight from London
--

 

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