Indices closed mixed.
S&P 500 @ 2348.46, high 2351.81, low 2336.45
RSI @ 46.70
CMF @ 0.091
Internals were :
UP volume led by .99 to 1 in NYSE & 1.46 to 1 in Nasdaq
Advancing stocks led by 1.18 to 1 in NYSE & .75 to 1 in Nasdaq
Net new 52 wk lows were leading by 43 in NYSE & 54 in Nasdaq
VIX UP 2.73% @ 12.81
Oil @ $48.04
Gold @ $1249.70
AH ER...PVH UP 7.15%
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE found support above 50 DMA and closed near high of the day, good technical action. It is all about repeal and replace vote on Thursday, TAPE may mark time in anticipation of outcome, based on everything i can see, that it may pass. TAPE is expecting positive outcome and may rally hard.
BLOG does NOT give buy or sell.
Saleem
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