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...
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