US equity indexes closed on a positive note, SPX +37pts (0.5%) at 6913. Nasdaq comp’ +0.9%. Dow +0.6%. The Transports settled +0.2%. R2K +0.7%
sp’daily5
nasdaq comp’
r2k
transports
Summary
SPX: a high of 6934 (6pts shy of filling teal gap), and settling +0.5% to 6913. Today’s candle is black, suggestive Friday will be red… if briefly/marginally. Daily momentum is due to turn positive next Tuesday, as 7K is on the menu.
NAS: settling +0.9% to 23436. M/t bullish 25K
R2K: new hist’ high of 271.60, settling +0.7% to 269.79. Today’s candle is black, suggestive Friday will be red… if briefly/marginally.
Trans: new hist’ high of 18603, settling +0.2% to 18457. M/t bullish 20K
–
VIX’daily
Volatility was ground lower, the VIX settling -7.5% to 15.64, with yellow gap fully filled. Daily momentum ticked lower for a second day, and is due to turn negative next Tuesday.
–
Looking ahead by 6pm EST




