Indices closed down .68% to .92%......

 Indices closed down.

S&P 500 @ 4134.94, low 4118.38, high 4159.18

RSI @ 63.91

CMF @ 0.232

Internals were :

Down volume led by 3.08 to 1 in NYSE & 3.08 to 1 in Nasdaq

Declining stocks led by 2.71 to 1 in NYSE & 3.17 to 1 in Nasdaq

Net new 52 wk highs were leading by 196 in NYSE & lows by 68 in Nasdaq

VIX UP 8.04% @ 18.68

Oil @ $62.67

Gold @ $1778.40

Canadian $ @ .7421

Portfolio APA CNX AG HST MGM NIO BTCC-U-TO SU

Stocks which closed green included NIO BTCC-U-TO 

SQ PAAS MSTR IBM CSIQ GOLD KL ENPH

UPS MCD TWLO FB TSLA AEM FSR ORCL....

AH Futures Down

AH Asian Markets Down

AH Oil & Gold Unchanged

About market, TAPE continued its pullback to deal with many uncertainties like overbought condition, 3rd wave of Corona all over the world and uncertainty about world economy. Wall Street also wipes out every generation of new investors so often. There was a sense of invincibility among many traders that they are smarter than market and its different this time. It gets very painful on the way down, it is drip drip lower which is more painful than fast drop then rebound.

BLOG does NOT give buy or sell.

Saleem