Tuesday 16 April 2019

Tuesday chop

US equity indexes closed on a fractionally positive note, sp +1.5pts at 2907. Nasdaq comp' +0.3%. The two leaders - Trans/R2K, settled +0.1% and +0.2% respectively.

sp'daily5



VIX'daily3



Summary

**Google/Blogger is having issues with uploading ANY charts/pics. I can't be the only one.
issue now FIXED
--

US equities opened moderately higher, partly inspired by strength in Asian and European markets.  From a new multi-month high of sp'2916, there was some cooling to fill the opening gap in mid afternoon, with further chop into the close.

Volatility was subdued, with the VIX printing 11.99 (normal market hours), and settling -1.1% at 12.18. The s/t cyclical setup will (at least marginally) favour the bears for the remaining two trading days of the week.

--
Extra charts in AH (usually around 7pm EDT) @ https://twitter.com/permabear_uk

Goodnight from London
--
If you value my work, subscribe to my intraday service. 
For details and the latest offers, see: permabeardoomster.com