Indices closed down .10% to .16%......

Indices closed lower.

S&P 500 @ 2436.10, low 2434.32, high 2439.55

RSI @ 67.68

CMF @ 0.329

Internals were :

Down volume led by 1.39 to 1 in NYSE & 1.08 to 1 in Nasdaq

Declining stocks led by 1.65 to 1 in NYSE & 1.83 to 1 in Nasdaq

Net new 52 wk highs were leading by 122 in NYSE & 148 in Nasdaq

VIX UP 3.28% @ 10.07

Oil @ $47.40

Gold @ $1282.70

AH ER....WGO UP 4.54%, IGT UP 3.54%

AH Futures UP

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE was under pressure from many negative news, whole day it was a very narrow range trading. Nasdaq made a new intraday all time high.Internals were weak. On any weakness, strategic buying works out. Pruning portfolio from weak holdings also works.

BLOG does NOT give buy or sell.

Saleem