Indices closed near low of the day.
S&P 500 @ 2102.31, low 2101.78, high 2116.04
RSI @ 48.43
CMF @ -0.185
Internals were :
Down volume led by 1.57 to 1 in NYSE & 1.54 to 1 in Nasdaq
Declining stocks led by 1.79 to 1 in NYSE & 1.19 to 1 in Nasdaq
Net new 52 wk lows were leading by 24 in NYSE & highs by 74 in Nasdaq
VIX UP 5.66% @ 14.01
Oil @ $59.70
Gold @ $1171.80
AH ER...NKE UP 3.59%, BWLD Down 3.6%
MU Down 11.49%
AH Futures Mixed
AH Asian Markets Down
AH Oil Down
AH Gold UP
About market, TAPE is waiting for resolution of Greek talk, meeting to resume on Saturday. Market internals are getting weaker as market waits for resolution. It is important to keep focus on good stocks which are getting attractive. After this base building process, TAPE will resume its uptrend.
BLOG does NOT give buy or sell.
Saleem
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