1 min read

Daily Observations 31 December

Last trading day for 2021 ends with major indices all red at the end of the session.
Daily Observations 31 December
Photo by Kelly Sikkema / Unsplash

Last Trading Week - Friday


Market Performance

Sector Performance

  • Today: 6 0f 11 sectors finished the day green.
  • Best sector: Consumer Staples.
  • Worst sector: Communication Services.
  • VIX continues to stay below the 20s.  It declines 0.63% to 17.22.

SPY Snapshot

SPY Daily Chart
  • $SPY declines a quarter of a point closing at $474.96; higher than the 30-day simple moving average and the 9-day exponential moving average.  55-day high stays at 473.54.
  • Relative strength index declines to 59.28; south of our 60.35 resistance marker.
  • Volume rose to 65.2M in contrast with 55.3M from yesterday.

Disclaimer: I am not a professional investment adviser and my opinions are based on my own technical analysis.  Please consult an investment professional before making investment decisions.