Monday, October 30, 2023

Indices closed UP .63% to 1.58%...NICE !!!

 Indices closed near high of the day on deeply oversold condition. DOW was the star of the day with RUSSELL 2000 being the laid back.

S&P 500 @ 4166.82, high 4177.47, low 4132.94

RSI @ 36.69

Internals were :

UP volume led by 2.38 to 1 in NYSE & 1.67 to 1 in Nasdaq

Advancing stocks led by 2.15 to 1 in NYSE & 1.62 to 1 in Nasdaq

Net new lows were leading by 311 in NYSE & 395 in Nasdaq

VIX Down 7.15% @ 19.75

Oil @ $82.31

Gold @ $2005.60

Canadian $ @ .6165

Portfolio AI LYFT META NVDA PLTR SHOP TSLA

Stocks needs to be above 50 DMA to prove that slump is over...

BLOG does NOT give buy or sell.

Saleem

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