VIX and Index update

US equity indexes closed somewhat mixed, SPX +32pts (0.5%) at 6664. Nasdaq comp’ +0.7%. Dow +0.4%. The Transports settled -0.2%. R2K -0.8%

sp’daily5

nasdaq comp’

r2k – via proxy IWM

transports

Summary

SPX: new hist’ high of 6671, settling +0.5% to 6664. RSI 72s, overbought.

NAS: new hist’ high of 22645, settling +0.7% to 22631. RSI 74, overbought.

R2K: new hist’ high of 245.57, if cooling to settle -0.8% to 242.81. RSI 66s

Trans: settling -0.2% to 15610. Broadly… its multi-week chop. RSI 47s

VIX’daily


Volatility was ground lower into the weekend, the VIX settling -1.6% to 15.45. Daily momentum ticked a little lower, if remaining marginally positive.

VIX weekly

A net weekly gain of +4.7%. Weekly momentum continued to tick upward, and is due to turn positive as of Monday Sept’29th. Upper weekly bollinger is currently offering the 22s

a little more… by 6pm EDT