Wednesday, 21 May 2025

Third times a charm

US equity indexes closed very significantly lower, SPX -95pts (1.6%) at 5844. Nasdaq comp' -1.4%. Dow -1.9%. The Transports settled -2.7%. R2K -2.7%

SPX - daily

VIX - daily

Summary

Monday opened sig' lower, but rebounded.
Tuesday opened weak, but rebounded.

US equities opened Wednesday broadly lower, the SPX printing a low of 5899, but rebounding to 5938

However, the afternoon saw a lousy bond market auction, with equities taking a very significant swing lower, printing 5830, and settling at 5844.

Volatility was very mixed, the VIX printing a 1pm low of 17.77, but swinging powerfully higher to 21.05, and settling +15.4% to 20.87. 
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Walked ten thousand times?


Bearish shadows


A fine end to the day


Bullish flowers



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

Goodnight from London
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Tuesday, 20 May 2025

Tuesday weakness

US equity indexes mostly closed on a weak note, SPX -23pts (0.4%) at 5940. Nasdaq comp' -0.4%. Dow -0.3%. The Transports settled -1.0%. R2K +0.01%

SPX - daily

VIX - daily

Summary

US equities opened a little weak. There was increasing downside in the afternoon, printing 5909, and settling at 5940. Volatility remained subdued, the VIX settling -0.3% at 18.09.


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

Goodnight from London
--

 

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Monday, 19 May 2025

Moody Monday

US equity indexes closed a little mixed, SPX +5pts (0.1%) at 5963. Nasdaq comp' +0.02%. Dow +0.3%. The Transports settled -0.3%. R2K -0.5%

SPX - daily

VIX - daily



Summary

US equities opened significantly lower... on Friday's US debt downgrade by Moody's. Yet... all the bears could manage was an opening low of 5895. There was a recovery into the afternoon, printing a new multi-week high of 5968, and settling fractionally higher at 5963.

Volatility was mixed, the VIX printing an opening (cash market) high of 19.16, but cooling back to settle +5.2% at 18.14.
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Bullish carbon capture


Another invasive species


Sunny... if almost a chill


You can't be bearish flowers


Extra charts in AH (usually around 5pm EDT) @ 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