Monday 23 September 2019

Sleepy start to autumn

US equity indexes closed a little mixed, sp -0.3pts at 2991. Nasdaq comp' -0.1%. Dow +0.1%. The two leaders - Trans/R2K, settled -0.7% and -0.1% respectively.




US equities began the first day of autumn on a pretty sleepy note. The SPX saw early weakness to 2982, but then clawed back upward into the late afternoon to 2999, with a touch of cooling into the close.

Volatility was itself subdued, with the VIX settling -2.7% at 14.91. S/t outlook offers some market drama. In theory, the SPX should at least tag the upper end of secondary downside gap to the 2920s, which would likely equate to VIX near the key 20 threshold.

Extra charts in AH (usually around 5pm EDT) @

Goodnight from London
If you value my work, subscribe to my intraday service. 
For details and the latest offers, see: