Indices closed down.
S&P 500 @ 2432.46, low 2418.53, high 2433.95
RSI @ 60.60
CMF @ 0.379
Internals were :
Down volume led by 2.23 to 1 in NYSE & 2.56 to 1 in Nasdaq
Declining stocks led by 1.63 to 1 in NYSE & 1.78 to 1 in Nasdaq
Net new 52 wk highs were leading by 20 in NYSE & lows by 16 in Nasdaq
VIX UP 2.44% @ 10.90
Oil @ $44.46
Gold @ $1254.10
AH ER....FNSR UP 7.76%
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was under selling pressure @ open, all indices closed down and internals were negative. Nasdaq made lower lows and came within 28 points from 50 DMA, only good thing was that all indices closed @ high of the day. Hopefully Friday we may stage another oversold bounce. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
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