Indices closed down.
S&P 500 @ 4071.63, low 4071.38, high 4126.43
RSI @ 48.15
CMF @ 0.306
Internals were :
Down volume led by 6.49 to 1 in NYSE & 2.43 to 1 in Nasdaq
Declining stocks led by 4.57 to 1 in NYSE & 3.47 to 1 in Nasdaq
Net new lows were leading by 78 in NYSE & 344 in Nasdaq
VIX UP 11.07% @ 18.76
Oil @ $77.07
Gold @ $2004.50
Canadian $ @ .6369
Portfolio ARKK AI SHOP SQ
Stocks which closed green included
SPOT COIN RIOT FSLR CCJ
MSTR PHM IBM....
AH Futures UP
AH Asian Markets Down
AH Oil & Gold UP
About market, TAPE closed @ absolute low of the day, It was a "washout day " had a feel of capitulation. Internals were all negative, a sign selling had reached a climax. After hours in earnings report we got extremely bullish report from MSFT & GOOG which means a floor has been put in Nasdaq.
BLOG does NOT give buy or sell.
Saleem
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