US equity indexes closed on a positive note, SPX +17pts (0.3%) at 6944. Nasdaq comp’ +0.25%. Dow +0.6%. The Transports settled +1.8%. R2K +0.8%
sp’daily5
nasdaq comp’
r2k
transports
Summary
SPX: a high of 6979, and settling +0.3% to 6944. Today’s candle is black, and leans s/t bearish… if only part of Friday.
NAS: settling +0.25% to 23530. Today’s candle is black, and leans s/t bearish… if only part of Friday.
R2K: printing a new hist’ high of 267.05, settling +0.8% to 265.40.
Trans: printing new hist’ high of 18405, settling +1.8% to 18384. S/t structure of a bull flag played out.
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VIX’daily
Volatility was ground lower, the VIX settling -5.4% to 15.84. Wednesday’s spiky high from the 18s looks secure. The default is to expect VIX to be ground lower into OPEX, and especially so for a long weekend.
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Looking ahead by 6pm EST