Indices closed mixed......

Indices were under mild selling pressure but managed to close near high of the day.

S&P 500 @ 1959.48, high 1959.87, low 1952.26

RSI @ 69.90

CMF @ 0.579

Internals were :

UP volume led by 1.34 to 1 in NYSE & .95 to 1 in Nasdaq

Advancing stocks led by 1.32 to 1 in NYSE & .83 to 1 in Nasdaq

Net new 52 wk highs were leading by 246 in NYSE & 92 in Nasdaq

VIX UP .09% @ 10.62, low today 10.42 a new 52 wk low

Oil @ $106.43

Gold @ $1314.10.....AH high $1322.50

AH ER....TIBX Down 1.54%, ORCL Down 5.08%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down @ $1312.80 low so far .....

About market, TAPE showed its strength today by closing near high of the day. Gold was the superstar today by moving $40++ in a day, seasonal strength for gold does not start until 3rd week of July? Any pullback here will be mild to digest its gains, even today S&P 500 made a new all time closing high. It is important to stay the course in a diversified manner.

BLOG does NOT give buy or sell.

Saleem