Indices closed UP .05% to .54%......NICE !!!!

Indices closed UP after fighting selling pressure in the morning.

S&P 500 @ 1799.84, high 1799.94, low 1791.83

RSI @ 50.46

CMF @ 0.136

Internals were :

Down volume led by 1.09 to 1 in NYSE & UP volume led by 
2.10 to 1 in Nasdaq

Advancing stocks led by 1.46 to 1 in NYSE & 1.47 to 1 in Nasdaq

Net new 52 wk highs were leading by 46 in NYSE & 59 in Nasdaq

VIX Down .20% @ 15.26

Oil @ $100.06

Gold @ $1274.70

AH ER : NUAN Down 2.86%, RAX Down 11.65%, 
               BLOX Down 31.02%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE tested support in 1790 area this morning then went UP to close @ high of the day. Janet Yellen testimony will be watched closely for any clue of change in their taper due to weak jobs report. IF we get any hint of change in taper then we are looking @ triple digit gain. I have a feeling that Fed chief will hint @ "near term softening in their taper"......IF that happens then this bull has another UP leg in this rally.

BLOG does NOT give buy or sell.

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