No wool for us!

US equity indexes closed moderately mixed, sp -11pts (0.4%) at 2804. The two leaders - Trans/R2K, settled +0.4% and +0.6% respectively. Near term outlook offers an opex settlement around 2805, with minimum technical necessity of 2768.


sp'daily5

VIX'daily3

Summary

Equities opened moderately weak, but then resumed back into micro chop mode. The closing hour saw another fractional break of soft rising support. VIX remains relatively subdued. Once opex is out of the way, a cooling wave to sp'2768 with VIX 14s is due.
-

Dr Amp...



Bullish silent running drapes.

Goodnight from London

Wednesday

US equity indexes closed broadly positive, sp +6pts (0.2%) at 2815. The two leaders - Trans/R2K, settled +2.3% and +0.3% respectively. VIX settled +0.3% at 12.10. Near term outlook offers the low sp'2820s, before a sig' swing lower to the 2760s. Opex will likely delay that until next week.

sp'daily5

VIX'daily3

Summary

US equities opened in minor chop mode, and broadly stayed that way for the day, but leaning on the fractionally positive side.
--
 

I'm sure you can come up with something in regards to those two pictures.

Goodnight from London

Turnaround Tuesday

 US equity indexes closed moderately positive, sp +11pts (0.4%) at 2809. The two leaders - Trans/R2K, settled +0.3% and +0.5% respectively. VIX settled -6.0% at 12.06. Near term outlook offers the sp'2820s, before next opportunity for a swing lower to the 2760s. More broadly, new historic highs in the sp' are clearly coming.


sp'daily5

VIX'daily3

Summary

Equities opened moderately weak, but the opening low of 2789 was all the bears could manage. It turned out to be a rather standard 'turnaround Tuesday', with the market breaking a new multi-month high of 2814, a mere 58pts (2.1%) shy of the January historic high.

VIX was naturally very subdued, opening in the low 13s, but settling in the 11s.
--

Extra charts in AH (usually around 7pm EDT) @ https://twitter.com/permabear_uk

Goodnight from London
--
If you value my work, subscribe to me.