US equity indexes closed on a positive note, SPX +1pt (0.04%) at 3801. Nasdaq comp’ +0.3%. Dow +0.2%. The Transports settled +1.4%.
sp’daily5
nasdaq comp’
transports
Summary
SPX: opening in minor chop mode, cooling to 3776 in the 12pm hour, and recovering to settle +1pt (0.04%) to 3801. Today’s candle is a VERY subtle black candle, and leans s/t bearish.. at least for part of Wednesday.
NAS: settling +36pts (0.3%) to 13072. Note how the 10MA is still broadly holding as first s/t support.
Trans: breaking a new hist’ high of 13105, settling +182pts (1.4%) to 13051. Yesterday’s hollow red reversal candle played out very well.
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VIX’daily3
Volatility saw a high of 25.15 with sp’3776, before cooling back, settling -3.1% to 23.33. Technically, VIX has realistic pre-OPEX upside to the 26s.. .which would likely sync with the sp’3764/48 gap zone.
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Looking ahead by 6pm EST