Indices closed down .03% to .54%.....

Indices were under selling pressure again & Nasdaq was the weakest @ close.

S&P 500 @ 1849.04, low 1842.11, high 1855.55

RSI @ 48.43

CMF @ -0.002...its negative in all indices.....

Internals were :

UP volume led by 1.25 to 1 in NYSE & .59 to 1 in Nasdaq

Advancing stocks led by 1.17 to 1 in NYSE & .64 to 1 in Nasdaq

Net new 52 wk highs were leading by 17 in NYSE & lows by 34 in Nasdaq

VIX Down 2.08% @ 14.62

Oil @ $101.28

Gold @ $1294.70, low today was $1289.60

AH ER : RHT UP .12%, RH UP 7.33%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, there is still weakness in Nasdaq which you can see in internals as given above. Nasdaq is the only index which is below 50 DMA while Dow & S&P 500 are still above 50 DMA which is a good thing. VIX was weak @ close giving hope for this selling to have ended. Many stocks went below not only 50 DMA but also below 200 DMA in Nasdaq, this correction was fast & brutal in Nasdaq. Nasdaq lost 5.49% in March alone. Hopefully Nasdaq & financials will build from here & repair the damage.

BLOG does NOT give buy or sell.

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