Indices closed mixed as we were deeply oversold.
S&P 500 @ 4274.51, high 4292.07, low 4238.63
RSI @ 30.50
Internals were :
UP volume led by 1.11 to 1 in NYSE & 1.35 to 1 in Nasdaq
Advancing stocks led by .96 to 1 in NYSE & 1.13 to 1 in Nasdaq
Net new lows were leading by 384 in NYSE & 298 in Nasdaq
VIX Down 3.80% @ 18.22
Oil @ $93.68
Gold @ $1890.90
Canadian $ @ .6483
Portfolio AI META NVDA PLTR SHOP TSLA BTCC
Russell 2000 was the biggest gainer BUT Nasdaq stole the show with a higher than average volume higher close, Nasdaq has the feel of a convincing REVERSAL.
BLOG does NOT give buy or sell.
Saleem
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