US equity indexes closed moderately mixed, sp -3pts (0.1%) at 2915. The
two leaders - Trans/R2K, settled -0.5% and +0.2% respectively. VIX settled +1.8% at 12.42. Near term
outlook offers new historic highs to the sp'2940/50s.
sp'daily5
VIX'daily3
Summary
It was a day of minor chop in equity land, but that is usually the case ahead of an FOMC announcement, even when the market knows what is coming. Volatility remained subdued, with the VIX churning within the 12/11s.
-
Bonus chart: Germany, monthly
With just three trading days left of September, the DAX is currently +0.1% at 12374, and this is a very significant recovery from the intra low of 11865.
--
--
Extra charts in AH (usually around 7pm EDT) @
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