Monday, November 11, 2019

Indices closed mixed....

Indices closed mixed.

S&P 500 @ 3087.01, low 3075.82, high 3088.33

RSI @ 67.82

CMF @ 0.191

Internals were :

Down volume led by 1.51 to 1 in NYSE & .99 to 1 in Nasdaq

Declining stocks led by 1.37 to 1 in NYSE & 1.17 to 1 in Nasdaq

Net new 52 wk highs were leading by 58 in NYSE & lows by 4 in Nasdaq

VIX UP 5.14% @ 12.69

Oil @ $56.86

Gold @ $1457.10

AH news....JCOM Down 3.08%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down.

About market, TAPE was weak @ open but managed to close near high of the day. DOW had another all time high close. Internals were weak and may need some time to digest gains or another tweet of good news to boost this TAPE. So we wait either digestive process to end or another shot @ new highs by news.

BLOG does NOT give buy or sell.

Saleem

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