Thursday 13 June 2019

Thursday gains

US equity indexes settled broadly higher, sp +11pts (0.4%) at 2891. Nasdaq comp' +0.6%. The two leaders - Trans/R2K, settled +1.0% and +1.1% respectively.




US equities opened on a positive note, but the gains were rather shaky. The chop continued into the late afternoon, with a closing hour mini spike from 2882 to settle at 2892.

Volatility was subdued, with the VIX cooling for the 6th day of 8, settling -0.6% at 15.82. The s/t cyclical setup is somewhat mixed. The daily cycles aren't offering the equity bears anything until at least next Tues/Wed'.

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

Goodnight from London
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