Friday, 22 January 2021

Cooling into the weekend

US equity indexes mostly closed a little weak, SPX -11pts (0.3%) at 3841. Nasdaq comp' +0.1%. Dow -0.6%. The Transports settled -0.3%. 

sp'daily5

 


VIX'daily3

 


Summary

US equities opened moderately lower, largely pressured by other world markets.

Meanwhile...


The phrase 'Don't believe his lies' - Memento (2000), comes to mind. The same government that repeatedly said the games would go ahead in summer 2020... can't be trusted.
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The afternoon saw considerable chop, if mostly leaning on the weaker side.

Volatility picked up, the VIX printing 23.73, and settling +2.8% to 21.91.  
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A fine end to a winter's day


Night to fall

 

Full moon... Jan'28th

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

Goodnight from London
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Thursday, 21 January 2021

Another new historic high

US equity indexes closed very mixed, SPX +1pt (0.03%) at 3853. Nasdaq comp' +0.5%. Dow -0.04%. The Transports settled -1.7%.

sp'daily5

 


VIX'daily3

 


Summary

US equities opened a little higher, but the gains were shaky from the start, with indexes quickly turning negative... if only fractionally. Price action remained in minor chop mode into the early afternoon.

Meanwhile...



The CEO of the EU branch of Print Central - Lagarde, touting the usual 'we'll do what is necessary' nonsense. Note the negative bond yields for Germany and France. Will they ever turn positive again? It would seem unlikely... until the great financial reset has occurred.

The afternoon saw further minor chop, if leaning fractionally weak into the close. Today's black candle leans s/t bearish, at least for part of Friday.

Volatility was subdued, the VIX settling -1.2% to 21.32.
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Moon and Mars


Full moon... Jan'28th

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

Goodnight from London
--

 

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

Wednesday, 20 January 2021

Midweek gains

US equity indexes closed broadly higher, SPX +52pts (1.4%) at 3851. Nasdaq comp' +2.0%. Dow +0.8%. The Transports settled +1.7%.

sp'daily5

 


VIX'daily3

 


Summary

The market opened at 9.30am EST, and closed at 4.00pm EST.

Meanwhile...

Looking down on the grey horror of the UK


The one on the right is relieved the circus is over


... and that... is the end... of that.

–

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

Goodnight from London
--

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