Tuesday, October 8, 2019

Indices closed down 1.19% to 1.67%.....

Indices closed down.

S&P 500 @ 2893.06, low 2892.66, high 2925.47

RSI @ 40.05

CMF @ 0.001

Internals were :

Down volume led by 5.80 to 1 in NYSE & 3.90 to 1 in Nasdaq

Declining stocks led by 3.00 to 1 in NYSE & 3.42 to 1 in Nasdaq

Net new 52 wk lows were leading by 45 in NYSE & 112 in Nasdaq

VIX UP 13.55% @ 20.28

Oil @ $52.63

Gold @ $1503.90

AH news....FTSI UP 10.75%, FEYE UP 5.49%

                   LH Down 5.00%, CLS Down 4.95%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed @ low of the day on trade restrictions on US companies in doing business with some Chinese technology companies, plus some visa restrictions on Chinese officials on human rights issue. Chinese premier has warned that human rights is none of US business, bottom line more escalation and hopes have faded for any trade deal.

BLOG does NOT give buy or sell.

Saleem

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