Indices closed @ lows of the day on Belgium downgrade by S&P.
Timing of Belgium downgrade was PERFECT, few minutes before close ?
S&P low today was 1158.66, we closed @ 1158.67
RSI @ 36.39
CMF is negative now @ <0.097>
Internals of the market were as follows :
Down volume led by 1.46 to 1 in NYSE & 2.59 to 1 in Nasdaq
Declining stocks led by 1.31 to 1 in NYSE & 2.61 to 1 in Nasdaq
New 52 wk lows were in the lead AGAIN, 115 in NYSE & 149 in Nasdaq
Oil closed @ $96
Gold closed @ $1685.70
VIX closed @ 34.47 UP 1.44%
Stocks which ended green included BIDU,RVBD,
CMG,APKT,MS,C,CTRP,FMCN,PWRD,GS,IBN.....
Next post by 2 PM Sunday.
BLOG does NOT give buy or sell.
Saleem
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