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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