US equity indexes closed moderately higher, SPX +10pts (0.3%) at 3702. Nasdaq comp’ +0.5%. Dow +0.3%. The Transports settled +0.4%.
sp’daily5
nasdaq comp’
transports
Summary
SPX: opening a little weak to 3678, but battling back upward to a new hist’ high of 3708, and settling +10pts (0.3%) to 3702. Upper bollinger is offering the 3720s in the immediate term.
NAS: a fourth day higher, breaking a new hist’ high of 12594, and settling +62pts (0.5%) to 12582. Upper bollinger is offering the 12600s.
Trans: breaking a new hist’ high of 12821, and settling +51pts (0.4%) to 12777. Upper bollinger is offering the 12900s.
*I would just add, the Dow and NYSE comp’ also broke new historic highs today… and that makes for a quintet.
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VIX’daily3
VIX saw an early high of 21.79, before melting back, settling -2.9% to 20.68. It won’t take much to see a break under the key 20 threshold. Note resistance of the 22s, where the upper bollinger will be by early next week.
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Looking ahead by 6pm EST