Wednesday, September 27, 2023

Indices closed mixed....

 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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