Wednesday, November 20, 2019

Indices closed down .38% to .51%....

Indices closed down.

S&P 500 @ 3108.46, low 3091.41, high 3118.97

RSI @ 67.52

CMF @ 0.300

Internals were :

Down volume led by 1.54 to 1 in NYSE & 1.27 to 1 in Nasdaq

Declining stocks led by 1.36 to 1 in NYSE & 1.70 to 1 in Nasdaq

Net new 52 wk highs were leading by 42 in NYSE & 1 in Nasdaq

VIX Down .62% @ 12.78

Oil @ $57.11

Gold @ $1474.20

Stocks which were UP 1% or more included NVDA BYND SQ 
TLRY JKS UBER ROKU SPLK CGC CRON PRNB CTRP
CMG......

AH news....NUAN UP 7.17%

AH Futures Down

AH Asian Markets Down

AH Oil unchanged

AH Gold UP $1.00

About market, TAPE was weak and closed weak. From hereon how we close matters, do not get trapped in Intraday improvement, It is highly recommended to wait for confirmation of a change in direction. Keep your powder dry for much better entry point, It is coming.

BLOG does NOT give buy or sell.

Saleem

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