Monday 21 October 2019

Starting positive

US equity indexes closed moderately higher, sp +20pts (0.7%) at 3006. Nasdaq comp' +0.9%. Dow +0.2%. The Transports settled +1.4%. Near term outlook offers another swing lower.

sp'daily5



VIX'daily3



Summary

US equities began the week on a positive note. The late afternoon saw a new intraday high of 3007.

Volatility settled -1.7% at 14.00. S/t outlook still offers a sig' cooling wave.
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Goodnight from London
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