Indices closed down .39% to .93%....

Indices closed down.

S&P 500 @ 2802.39, low 2801.58, high 2840.51

RSI @ 37.12

CMF @ 0.007

Internals were :

Down volume led by 3.11 to 1 in NYSE & 1.73 to 1 in Nasdaq

Declining stocks led by 1.92 to 1 in NYSE & 1.71 to 1 in Nasdaq

Net new 52 wk highs were leading by 52 in NYSE & lows by 51 in Nasdaq

VIX UP 10.41% @ 17.50

Oil @ $59.14

Gold @ $1277.10

AH news...UXIN UP 13.82%, YY UP 4.96%

                  WPRT Down 8.24%

AH Futures Down

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE started on a positive note but closed @ low of the day and internals became deeply negative.DOW is below 50 DMA & 200 DMA , first major index to do so, S&P 500 and Nasdaq are barely above 200 DMA, another down day and they may go under very quickly. Even US admitted that they are not ready to make a deal anytime soon with China, China accused US of repeatedly changing their position on any agreed items. Need to keep an eye on close although we are already deeply oversold and may find support around current levels.

BLOG does NOT give buy or sell.

Saleem