Indices closed down 1.65% to 1.96%.......

Indices closed down.

S&P 500 @ 2884.05, low 2862.60, high 2913.03

RSI @ 46.14

CMF @ 0.208

Internals were :

Down volume led by 5.48 to 1 in NYSE & 4.61 to 1 in Nasdaq

Declining stocks led by 4.13 to 1 in NYSE & 3.32 to 1 in Nasdaq

Net new 52 wk highs were leading by 33 in NYSE & 5 in Nasdaq

VIX UP 25.13% @ 19.32

Oil @ $61.46

Gold @ $1285.60

AH news...QRVO UP 5.2%, MTCH UP 7.96%

                 AVLR UP 7.94%, TRIP Down 6.28%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed down on selling due to trade tension between US & China, In the end it should work out, message of market was clear, get it done or else. Internals were very weak. We have removed all the froth from this market by today's close. We should be able to move higher from this point on.

BLOG does NOT give buy or sell.

Saleem