US equity indexes closed very significantly higher, SPX +88pts (1.7%) at 5375. Nasdaq comp’ +2.5%. Dow +1.1%. The Transports settled +1.1%. R2K +1.6%
sp’daily5
nasdaq comp’
r2k
transports
Summary
SPX: an early high of 5469, cooling to 5356, and settling +1.7% to 5375. Today’s candle is black, and leans s/t bearish, if only early Thurs’. Net bullish into May.
NAS: settling +2.5% to 16708. Today’s candle is black, and leans s/t bearish, if only early Thurs’. Net bullish into May.
R2K: settling +1.6% to 190.56. Today’s candle is black, and leans s/t bearish, if only early Thurs’. Net bullish into May.
Trans: a high of 14043, and cooling to settle +1.1% to 13509. Today’s candle is black, and leans s/t bearish, if only early Thurs’. Net bullish into May.
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VIX’daily
Volatility was ground lower for the 7th day of 10, the VIX settling -6.9% to 28.45. Momentum ticked lower for a TENTH consecutive day. On track for VIX 20s… with SPX 5700s.
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Looking ahead by 6pm EDT