The major equity indexes were rebounded yesterday, making up some of the losses from the selloff earlier in the week.
The S&P 500 gained 9.12 points, or 0.46 percent, to 1972.83. The SPX climbed back above its 10-day moving average. Resistance is at 1985 and support at 1950.
The Nasdaq 100 climbed 28.85 points, or 0.75 percent, to 3892.91. It too bounced off its 10-day moving average. The NDX has resistance at its 13-year intraday high of 3923 and support at 3810.
The Russell 2000 added just 1.66 points, or 0.14 percent, to close at 1173.81. The small-cap index remains below its 10- and 20-day moving averages. It has resistance at 1210 and support at 1160, then 1140.
The CBOE Volatility Index was down 0.33 points, or 2.75 percent, to 11.65. The volatility index was at the day's low of 11.50 right before the closing bell. The nine-day CBOE Short-Term Volatility Index (:VXST) fell 1.16 points, or 9.97 percent, to 10.48, just off its session low.
The VIX futures followed lower, with July contracts closing at 12.25 and August futures at 12.85. With that, the iPath S&P 500 VIX Short-Term Futures Note (VXX) was down 1.92 percent to $27.65, not far off Thursday's record low close.
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