Indices closed down.
S&P 500 @ 2938.79, low 2935.68, high 2959.75
RSI @ 46.94
CMF @ 0.108
Internals were :
Down volume led by 1.94 to 1 in NYSE & 1.32 to 1 in Nasdaq
Declining stocks led by 1.59 to 1 in NYSE & 1.37 to 1 in Nasdaq
Net new 52 wk highs were leading by 51 in NYSE & lows by 57 in Nasdaq
VIX UP 4.81% @ 17.86
Oil @ $52.75
Gold @ $1504.40
AH news....FTSI UP 15.84%, BRFS UP 5.19%
QGEN Down 7.99%, AMBA Down 9.91%
AH Futures UP
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, TAPE closed near low of the day with internals being negative. It was an indecisive day considering Chinese defining " non-negotiating agenda "...US downplayed this, thus there was a recovery mid day but everything fizzled out by close. Hopefully we get back on track on " turnaround Tuesday ". S&P 500, DOW & Nasdaq all closed below 50 DMA.
BLOG does NOT give buy or sell.
Saleem
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