Indices closed down.
S&P 500 @ 2822.24, low 2805.49, high 2836.70
RSI @ 40.01
CMF @ 0.120
Internals were :
Down volume led by 3.68 to 1 in NYSE & 3.03 to 1 in Nasdaq
Declining stocks led by 3.26 to 1 in NYSE & 3.83 to 1 in Nasdaq
Net new 52 wk lows were leading by 85 in NYSE & 139 in Nasdaq
VIX UP 14.7% @ 16.92
Oil @ $57.91
Gold @ $1285.40
AH news...VSAT UP 10.33%, NVCR UP 5.46%
SPLK Down 2.70%, ADSK Down 8.58%
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About markets, TAPE was down from open to close, negativity has accelerated due to failure to strike a trade deal with China. Internals were negative all over. As this a long weekend, there was a tendency for risk off. Monday is memorial day, Friday is expected to be extremely low volume.There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
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