Indices fought its way back to near best level by close.
S&P 500 @ 1562.85
RSI @ 61.69
CMF @ 0.332
Internals were :
UP volume led by .95 to 1 in NYSE & 1.51 to 1 in Nasdaq
Advancing stocks led by 1.13 to 1 in NYSE & .94 to 1 in Nasdaq
Net new 52 wk highs were leading by 184 in NYSE & 82 in Nasdaq
VIX UP 2.98% @ 13.15
Oil @ $96.58
Gold @ $1607.20
AH ER :
RHT Down 3.74%
PVH Down 4.47%
AH Futures Down
AH Asian Markets Down
AH Gold Down
AH Oil UP
About market, TAPE was pretty impressive by close. Europe seems to be back in focus for all the wrong reasons, tomorrow its all about how Cypriots handle their banking transaction. I am hopeful that by close we should follow our usual pattern of recovery. Sectors are rotating so it is important to look for "new leaders".
BLOG does NOT give buy or sell.
Saleem
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