Indices closed near high of the day despite another mixed inflation data.
S&P 500 @ 4505.10, high 4511.99, low 4478.69
RSI @ 56.10
Internals were :
UP volume led by 4.55 to 1 in NYSE & 1.74 to 1 in Nasdaq
Advancing stocks led by 3.53 to 1 in NYSE & 2.06 to 1 in Nasdaq
net new highs were leading by 31 in NYSE & lows by 131 in Nasdaq
VIX down 4.9% @ 12.82
Oil @ $90.16
Gold @ $1932.80
Canadian $ @ .6483
Portfolio AI META NVDA SHOP TSLA BTCC
DOW, S&P 500 & Nasdaq all closed above 50 DMA after testing this support area for several weeks. Internals were strong which IS a major change.
BLOG does NOT give buy or sell.
Saleem
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