Indices closed down.
S&P 500 @ 2966.15, low 2962.94, high 2972.84
RSI @ 52.78
CMF @ -0.066
Internals were :
Down volume led by 1.54 to 1 in NYSE & 1.42 to 1 in Nasdaq
Declining stocks led by 1.32 to 1 in NYSE & 1.57 to 1 in Nasdaq
Net new 52 wk highs were leading by 35 in NYSE & lows by 81 in Nasdaq
VIX Down 6.48% @ 14.57
Oil @ $53.59
Gold @ $1497.60
AH news....PS UP 8.76%, GLUU UP 8.55%
BJ UP 4.75%, SEDG Down 2.93%
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE traded in a very narrow range, roughly 10 points from low to high in S&P 500, not a reflection of anything but caution in taking a position. Trade agreement between USA & CHINA was extremely confusing in terms of where we are or where we are heading. Market may give a better verdict on " turnaround Tuesday "
BLOG does NOT give buy or sell.
Saleem
1 comment:
Hi Saleem,
Sold FSLY @ 23.28
It broke under the 50 DMA encountering little resistance. I don't like the setup heading into the quarter and lockup expiration, so I'll free up cash here.
Stocktrader
Post a Comment