Wednesday 6 March 2019

Ten years from six six six

US equity indexes closed broadly weak, sp -18pts (0.6%) at 2771. Nasdaq comp' -0.9%. Dow -0.5%. The two leaders - Trans/R2K, settled -0.5% and -2.0% respectively.




US equities opened in minor chop mode, and saw choppy weakness into mid afternoon. The 2pm hour saw a micro bounce, partly on the excuse of the fed beige book. However, the closing hour broke a new intraday low, settling just above the key Monday intra low of 2767.

Volatility picked up, with the VIX settling +6.8% at 15.74. A push to the key 20 threshold looks a given.

Ten years from six six six


March 6th 2009 saw an intraday low of 666.79... and the rest is history.

A little flashback, back when 360p resolution was considered bearable, and we were all somewhat younger...

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

Goodnight from London
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