VIX and Index update

US equity indexes closed rather mixed, SPX -1pt (0.02%) at 5841. Nasdaq comp’ +0.04%. Dow +0.4%. The Transports settled -1.4%. R2K -0.3%

sp’daily5

nasdaq comp’

r2k

transports

Summary

SPX: new hist’ high of 5878, if cooling back to settle -0.02% to 5841. Momentum is flat-lining on the marginally positive side. Best guess… an OPEX pin around 5800.

NAS: settling +0.04% to 18373. Black candle… net bearish for Friday.

R2K: settling -0.3% to 226.05. RSI 64s… is on the high side.

Trans: settling -1.4% to 16332. Equity bears should be somewhat desperate to see a weekly close back under key price threshold of the 16300s.

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VIX’daily

Volatility was ground lower for the sixth day of eight, the VIX settling -2.4% to 19.11.  Momentum continued to tick lower, and has turned fractionally negative.
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Looking ahead by 6pm EDT