Chop into the weekend

US equity indexes closed somewhat mixed, sp +2.97pts at 2669.91. The two leaders - Trans/R2K, settled +1.3% and -0.1% respectively. VIX settled -5.1% at 15.41. Near term outlook offers upside to the sp'2720s.


sp'daily5

VIX'daily3

Summary

US equities opened moderately higher, but the gains failed almost immediately, with some cooling to 2659 in late morning. From there... choppy upside into the mid afternoon, and then micro chop into the weekly close.

Volatility was naturally subdued, melting lower for a second day, with the VIX settling in the mid 15s.
--

Late April... not so great.

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

Goodnight from London
--
If you value my work, subscribe to me.
For details: https://permabeardoomster.blogspot.co.uk/p/subscriptions.html