VIX and Index update

US equity indexes closed on a positive note, SPX +29pts (0.4%) at 6693. Nasdaq comp’ +0.7%. Dow +0.1%. The Transports settled u/c. R2K +0.6%

sp’daily5

nasdaq comp’

r2k

transports

Summary

SPX: new hist’ high of 6698, and settling +0.4% to 6693. RSI 74s… overbought, but the 6700s appear due on Tuesday.

NAS: new hist’ high of 22801, settling +0.7% to 22788. RSI 76s is pretty overbought.

R2K: settling +0.6% at 244.49. RSI 68s… borderline overbought.

Trans: settling u/c at 15610. Broadly… price action is all chop. RSI 47s.

VIX’daily

Volatility was a little mixed, the VIX printing 16.05, but cooling back to settle +4.2% to 16.10.  Today’s candle is a black doji, and leans s/t bearish VIX, and by default… s/t bullish equities.

Looking ahead by 6pm EDT