Monday 29 July 2013

Indices closed down .24% to .39%......



Indices paused today & closed slightly lower.


S&P 500 @ 1685.33


RSI @ 61.48


CMF @ 0.309


Internals were :


Down volume led by 2.09 to 1 in NYSE & 1.88 to 1 in Nasdaq


Declining stocks led by 2.33 to 1 in NYSE & 2.13 to 1 in Nasdaq


Net new 52 wk highs were leading by 51 in NYSE & 69 in Nasdaq


VIX UP 5.27% @ 13.39


Oil @ $104.55


Gold @ $1328.40


AH ER :


HLF UP 5.81%


X Down .37%


AH Futures UP


AH Asian Markets Mixed


AH Oil & Gold Down


About market, market internals have deteriorated suddenly which is a red flag for this aging bull. Carter Worth is not constructive on this market & expects a "major correction". Correction do start with negative internals.Please monitor internals for future trades.


BLOG does NOT give buy or sell.


Saleem

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