Indices closed down.
S&P 500 @ 2120.79, low 2112.86, high 2122.27
RSI @ 53.88
CMF @ 0.051
Internals were :
Down volume led by 1.60 to 1 in NYSE & 1.17 to 1 in Nasdaq
Declining stocks led by 1.36 to 1 in NYSE & 1.17 to 1 in Nasdaq
Net new 52 wk highs were leading by 5 in NYSE & 42 in Nasdaq
VIX UP .30% @ 13.31
Oil @ $57.68
Gold @ $1188.10
AH ER ...AVGO Down .52%, SPLK Down 2.91%
ULTA UP 2.39%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE rested today and closed near high of the day, which is a good thing. Internals were half decent.US$, Greece & interest rates are flip flopping daily, based on action and Guru talk. Market trades on sentiments of above mentioned 3 things. Based on recent trend, there is a good chance we may close higher on Friday. Stay the course, get used to this TAPE, its not changing any time soon.
BLOG does NOT give buy or sell.
Saleem
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