Thursday, August 24, 2017

Indices closed down .11% to .21%......

Indices closed down.

S&P 500 @ 2438.97, low 2436.19, high 2450.39

RSI @ 44.53

CMF @ 0.010

Internals were :

UP volume led by .97 to 1 in NYSE & 1.32 to 1 in Nasdaq

Advancing stocks led by 1.02 to 1 in NYSE & 1.47 to 1 in Nasdaq

Net new 52 wk highs were leading by 53 in NYSE & 9 in Nasdaq

VIX 0.16% @ 12.23

Oil @ $47.43

Gold @ $1292.00

AH ER....SPLK UP 8.66%, ULTA Down 5.55%
                GME Down 7.44%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was negative and closed near low of the day. Nasdaq has joined S&P 500 and closed below 50 DMA. Traders are waiting for resolution of budgetary issues in US and direction from world monetary chiefs about interest rates. CMF is negative in DOW and slightly positive in S&P 500 and Nasdaq.Internals were mixed. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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