US equity indexes closed moderately higher, sp +18pts (0.7%) at 2662. The two leaders - Trans/R2K, settled +0.6% and +0.7% respectively. VIX settled -5.6% at 18.94. Near term outlook offers cooling to at least the sp'2630/20 zone.
US equities opened moderately higher, and broadly climbed into the afternoon. With a positive market, volatility cooled for a third consecutive day, settling in the upper 18s.
Friday should be interesting as not only do we have the monthly jobs data, but Fed chair Powell is due in the 1pm hour, and Mr Market will be watching.
There will be live coverage on the main financial networks, but there will also be a live feed
Bonus chart: Japan, monthly
We've a long month ahead, but as things are, the Nikkei is +2.3% at 21645. The 21k threshold remains very important. Core rising trend is currently around 20k. At the current rate, we're due a bearish MACD cross within 1-2 months, and that would merit alarm bells.
Extra charts in AH (usually around 7pm EST) @
Goodnight from London
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