Friday 24 July 2020

Falling into the weekend

US equity indexes closed broadly lower, sp -20pts (0.6%) at 3215. Nasdaq comp' -0.9%. Dow -0.7%. The Transports settled -0.3%.

sp'daily5



VIX'daily3



Summary

US equities opened broadly weak, with the SPX leaning to 3200, and settling at 3215. Thursday's bearish engulfing candle played out.

Volatility was pretty muted, the VIX settling -0.9% to 25.84. Thursdays bullish engulfing candle played out... if briefly.
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Moody skies to end a mixed week

Next full moon is Aug'3rd
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Goodnight from London
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