Wednesday 18 July 2018

Wednesday

US equity indexes closed broadly positive, sp +6pts (0.2%) at 2815. The two leaders - Trans/R2K, settled +2.3% and +0.3% respectively. VIX settled +0.3% at 12.10. Near term outlook offers the low sp'2820s, before a sig' swing lower to the 2760s. Opex will likely delay that until next week.

sp'daily5



VIX'daily3



Summary

US equities opened in minor chop mode, and broadly stayed that way for the day, but leaning on the fractionally positive side.
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I'm sure you can come up with something in regards to those two pictures.

Goodnight from London