Indices went through support to reach levels not seen in two months.
S&P 500 went down to 1347.75, currently @ 1354.29...RSI @ 38.00
Internals are negative by minimum 2 to 1.
New 52 wk lows are in the lead.
Oil Down $1.50
Gold Down $34
Canadian $ Down 61 tick @ 100.09
VIX UP 5.76% @ 20.03
Portfolio is COH,LSI,LVS,LNKD,RIMM
Most stocks are down
@ 1.55 following are green :
RIMM,OTEX,VECO.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem
Not a bad close at all consider we are off big time earlier. Spy closed with a hammer and hopefully we will see a decent bounce from here.
Hi Up,
YES...S&P 500 went BELOW recent low & then closed well above....
Hopefully "flushout" we got today.....
Turnaround Tuesday followed by strong Wed........
Saleem
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