Wednesday, April 17, 2024

Indices closed down .12% to 1.15%....

 Indices closed lower again after opening higher, not a good thing technically speaking.

S&P 500 @ 5022.21, low 5007.25, high 5077.96

RSI @ 35.70

Internals were :

Down volume led by .99 to 1 in NYSE & 1.09 to 1 in Nasdaq

Declining stocks led by 1.13 to 1 in NYSE & 1.54 to 1 in Nasdaq

Net new lows were leading by 82 in NYSE & 213 in Nasdaq

VIX Down 1.03% @ 18.21

Oil @ $82.69

Gold @ $2388.40

Canadian $ @ .6190

Portfolio AMD GOOG INTC META MSFT NVDA SHOP SOUN

All indices are hurtling towards next support near round numbers or 200 DMA. TSM earnings report may save the day for technology stocks.....

BLOG does NOT give buy or sell.

Saleem

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