Thursday 30 August 2018

Mixed Thursday

US equity indexes closed on a weak note, sp -12pts (0.4%) at 2901. The two leaders - Trans/R2K, settled -0.7% and -0.1% respectively. Near term outlook offers another wave higher into the long weekend.




It turned out to be something of a mixed day in equity land. The bulls did achieve a pair of new index historic highs - Nasdaq comp', and the R2K, but the late afternoon saw some distinct cooling on Trump China-tariff concerns.

Volatility saw a mini ramp in late afternoon, pushing into the mid teens. The drama!

Extra charts in AH (usually around 7pm EDT) @

Goodnight from London
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