Indices closed down
S&P 500 @ 2840.23, low 2831.29, high 2853.90
RSI @ 42.07
CMF @ 0.130
Internals were :
Down volume led by 1.70 to 1 in NYSE & 2.53 to 1 in Nasdaq
Declining stocks led by 2.03 to 1 in NYSE & 1.80 to 1 in Nasdaq
Net new 52 wk lows were leading by 52 in NYSE & 106 in Nasdaq
VIX UP 2.19% @ 16.31
Oil @ $63.10
Gold @ $1277.30
AH news....OCUL Down 9.2% , RUBI Down 7.19%
RP UP 8.43%, CIEN UP 3.84%
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE was under selling pressure due to fallout from Huawei ban by US government which impacted many chips and technology company. Internals were negative all over. Hopefully Huawei issue has seen its reaction and we can move forward from here.
BLOG does NOT give buy or sell.
Saleem
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