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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