Into the Easter Break

US equity indexes settled the short week on a mostly positive note, sp +4pts (0.2%) at 2905. Dow +0.4%. Nasdaq comp' +2pts. The two leaders - Trans/R2K, settled +0.5% and -0.1% respectively.

sp'daily5

VIX'daily3

Summary

It was day of mostly minor chop for equities, seeing an early low of sp'2891, but then clawing back upward into the late afternoon. Volatility was naturally subdued, with the VIX settling -4.0% at 12.09.

*today's price action doesn't fully negate a daily cyclical setup which threatens an overdue 1-2 day mini washout.
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Ascending into the Easter break

Hazy skies to end a warm day

Almost full

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Goodnight from London
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