Indices closed down .23% to .41%......

Indices closed down again as digestive process of rapid gains continues.

S&P 500 closed @ 1457.15

RSI @ 60.12

CMF 0.103

Internals were :

Down volume led by 1.70 to 1 in NYSE & 1.54 to 1 in Nasdaq

Declining stocks led by 1.01 to 1 in NYSE & 1.15 to 1 in Nasdaq

Net new 52 wk highs were leading by 183 in NYSE & 81 in Nasdaq

VIX closed Down 1.23% @ 13.62

Oil closed @ $93.15

Gold closed @ $1662.20

AH News :

AA UP 1.10%

STX UP 2.06%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, pullbacks were contained for two days. This is much better than straight UP. We should be able to resume market uptrend. Many stocks showed tremendous weakness on this minor pullback of about 1% from high. Paying attention to TAPE is highly recommended.

BLOG does NOT give buy or sell.

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