Indices closed down 1.51% to 2.60%....

 Indices closed down

S&P 500 @ 4577.11, low 4568.70, high 4632.24

RSI @ 38.23

CMF @ 0.106

Internals were :

Down volume led by 4.93 to 1 in NYSE & 2.64 to 1 in Nasdaq

Declining stocks led by 5.52 to 1 in NYSE & 4.93 to 1 in Nasdaq

Net new lows were leading by 361 in NYSE & 729 in Nasdaq

VIX UP 18.76% @ 22.79

Oil @ $85.43

Gold @ $1812.40

Canadian $ @ .7459

Portfolio BTCC HST SNAP NCLH RIOT UAL

Stocks which closed green included CNX NTR

LULU TECK CNQ FCX PANW TD PDD CVX 

BMO SLV OXY LVS V.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was under tremendous selling pressure with all Indices tumbling and closing near low of the day. Nasdaq was the weakest as money is coming out of this sector. Key technical levels were broken for all major indices. Energy fared much better as Oil reached 8 year high. Once Energy stocks corrects then this pullback should be over.

BLOG does NOT give buy or sell.

Saleem