Indices closed UP .03% to .32%....NICE !!!!

Indices closed UP.

S&P 500 @ 2594.38, high 2595.47, low 2585.02

RSI @ 72.51

CMF @ 0.185

Internals were :

UP volume led by 1.03 to 1 in NYSE & 1.17 to 1 in Nasdaq

Advancing stocks led by 1.04 to 1 in NYSE & .95 to 1 in Nasdaq

Net new 52 wk highs were leading by 44 in NYSE & 34 in Nasdaq

VIX Down 1.11% @ 9.78

Oil @ $56.81

Gold @ $1283.70

AH news...ROKU UP 28.29%, OPK Down 9.3%

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE is showing resiliency still by closing near high of the day. Internals are getting weaker looking @ breadth of the market and new highs & lows. This market is defying overbought conditions for a while, which makes me nervous. I have been @ reduced exposure for few months. TAX reform has been holding this market UP, it is expected by end of this week, will it be sell the news, only time will tell.

BLOG does NOT give buy or sell.

Saleem