Indices closed near low of the day. DOW, S&P 500 & Nasdaq all closed below 50 DMA. Internals were extremely bearish as you will see below.
S&P 500 @ 4437.86, low 4432.19, high 4478.87
RSI @ 42.49
Internals were :
Down volume led by 6.71 to 1 in NYSE & 1.54 to 1 in Nasdaq
Declining stocks led by 5.24 to 1 in NYSE & 2.54 to 1 in Nasdaq
Net new lows were leading by 84 in NYSE & 159 in Nasdaq
VIX UP 11.07% @ 16.46
Oil @ $80.99
Gold @ $1935.20
Canadian $ @ .6521
Portfolio SHOP BTCC
Close was extremely bearish. Recommend reducing exposure in market by 50% ASAP.....
BLOG does NOT give buy or sell.
Saleem
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