Indices closed down 1.75% to 3.52%.......

 Indices closed down.

S&P 500 @ 3829.34, low 3814.04, high 3925.02

RSI @ 45.76

CMF @ 0.167

Internals were :

Down volume led by 5.36 to 1 in NYSE & 4.96 to 1 in Nasdaq

Declining stocks led by 6.71 to 1 in NYSE & 7.33 to 1 in Nasdaq

Net new 52 wk highs were leading by 250 in NYSE & 158 in Nasdaq

VIX UP 35.38% @ 28.89

Oil @ $63.53

Gold @ $1715.40

Canadian $ @ .7469

In my portfolio :

Sold BB in last few minutes of closing @ $10.50

Bought SU @ $20.85

Portfolio AAPL CNX FSLR MRVL SQ SU

Stocks which closed green included TWTR MRNA PFE

IQ BZUN FFIV GME IRBT ORCL M....

AH Futures Down

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE was in deep selling frenzy due to 10 year yield of 1.52%. There was no place to hide anywhere Sell Sell Sell was the theme by everyone. Nasdaq closed below 50 DMA. DOW, S&P 500, SOX & IWM were above 50 DMA. Based on RSI stated above we may need to go below 40 to ensure a firm bottom.

BLOG does NOT give buy or sell.

Saleem