Indices closed UP.
S&P 500 @ 2488.83, high 2489.10, low 2397.94
RSI @ 39.24
CMF @ -0.093
Internals were :
UP volume led by 1.82 to 1 in NYSE & 1.64 to 1 in Nasdaq
Advancing stocks led by 1.20 to 1 in NYSE & 1.03 to 1 in Nasdaq
Net new 52 wk lows were leading by 344 in NYSE & 299 in Nasdaq
VIX Down 1.48% @ 29.96
Oil @ $44.61
Gold @ $1281.10
AH news...OPK UP 10.67%, APHA UP 19.39%
TOL Down 5.89%, BZH Down 4.54%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was under total control of HFT ( High Frequency Traders ) , they played as per their interpretation of each hour, DOW was Down 600 points and closed UP 260 points by close. Volatility like this only happens when we are trading near bottom of the range. One of these days we will be far above support area. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
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