Close was weak as indices closed near lows of the day......BUT... no real technical damage was done...near lows markets are jittery & backtracks frequently.....
Internals of the market were weak as listed below :
Down volume led by 12.25 to 1 in NYSE & 5.73 to 1 in Nasdaq
Declining stocks led by 3.74 to 1 in NYSE & 4.53 to 1 in Nasdaq
New 52 wk low were in the lead 33 in NYSE & 59 in Nasdaq
After everything is said & done Dow is still above 10,0024 & S&P 500 is @ 1070
Nasdaq is only 7 points below 200 DMA......
All Indices are trying to maintain higher lows....
AH CSIQ reported that it is being investigated by SEC on accounting issues...Stock down 17.79% in AH volume of 349,510
AH Futures are mixed
AH Nikkei & Hang Seng UP
AH Singapore UP
AH Gold Down
AH Oil UP
BLOG does NOT give buy or sell.
Saleem
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