Indices closed down.
S&P 500 @ 3895.75, low 3879.45, high 3958.37
RSI @ 45.23
CMF @ 0.069
Internals were :
Down volume led by 6.56 to 1 in NYSE & 1.92 to 1 in Nasdaq
Declining stocks led by 4.36 to 1 in NYSE & 2.81 to 1 in Nasdaq
Net new lows were leading by 127 in NYSE & 291 in Nasdaq
VIX UP 7.99% @ 22.83
Oil @ $76.11
Gold @ $1794.40
Canadian $ @ .6348
Portfolio ARKK LSPD PLTR MGM SOL
Stocks which closed green included
JKS CNX TOL KBH DHI PHM
TSLA RH.....
AH Futures Mixed
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE was under severe selling pressure engineered by Fed's hawkish statement & policies. Economic data in US was weaker than expected but had no impact on selling. According to a famous chartist we have 2% more to go down in S&P 500 FWIW.
BLOG does NOT give buy or sell.
Saleem
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