sp'daily5
VIX'daily3
Summary
US equities opened on a moderately weak note, and after an initial rally attempt, spiraled lower into the early afternoon, largely on increased Corona concerns.
Meanwhile...
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The best of America and humanity... upgrading ISS, just east of Florida |
The afternoon saw further weakness to sp'3004, settling at 3009, notably under the 200dma.
Volatility picked up, with the VIX settling +7.8% to 34.73. The 39/40s appear probable before end month, and that would arguably equate to spx <3k.
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Storms clearing |
A fine end to the day |
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33.7% moon |
Extra charts in AH (usually around 5pm EST) @ https://twitter.com/permabear_uk
Goodnight from London
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