Tuesday 26 June 2018

Weak bounce

US equity indexes closed moderately mixed, sp +5.99pts (0.2%) at 2723.06. The two leaders - Trans/R2K, settled -0.4% and +0.6% respectively. VIX settled 8.1% at 15.92. Near term outlook offers secondary target of the sp'2670s before the weekend/monthly settlement.


sp'daily5



VIX'daily3



Summary

US equities opened a little higher, and saw a brief reversal to fractionally lower. The market clawed upward into mid afternoon. There was a rollover from 2732 to 2721, which really doesn't bode great for the Wednesday open.

Volatility was naturally in cooling mode, with the VIX settling in the upper 15s.

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Goodnight from London
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