US equity indexes closed rather mixed, SPX +2pts (0.03%) at 6915. Nasdaq comp’ +0.3%. Dow -0.6%. The Transports settled -1.4%. R2K -1.8%
sp’daily5
nasdaq comp’
r2k – via proxy IWM
transports
Summary
SPX: an early low of 6895, and settling +2pts (0.03%) to 6915. Thursday’s black candle played out. Daily momentum prone to turning positive next Tuesday, as 7K looks realistic before end month.
NAS: a third day higher, settling +0.3% to 23501.
R2K: settling -1.8% to 264.91. Thursday’s black candle played out.
Trans: settling -1.4% to 18199. Vol’ was marginally lower at 115M, as there aren’t really any sellers out there.
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VIX’daily
Volatility was a little higher, the VIX settling +2.9% to 16.09. Daily momentum ticked lower for a third day, prone to turning negative on Tuesday.
VIX weekly
A mixed week, seeing a high of 20.99, but settling net higher by +1.4%
The weekly candle is black, having stalled from around the key 20 threshold.
Weekly momentum remains marginally negative.
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A little more… by 6pm EST