Indices closed UP .11% to .34%....NICE !!!!!

Indices closed green despite early sharp decline.

S&P 500 @ 1884.66, high 1885.51, low 1866.71

RSI @ 57.38

CMF @ 0.192

Internals were :

Down volume led by 1.32 to 1 in NYSE & .88 to 1 in Nasdaq

Declining stocks led by 1.03 to 1 in NYSE & 1.31 to 1 in Nasdaq

Net new 52 wk highs were leading by 56 in NYSE & new lows were leading by 39 in Nasdaq

VIX UP 2.94% @ 13.29

Oil @ $99.48

Gold @ $1309.30

AH ER : YY Down 2.15%, DATA UP 8.9%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, despite Chinese poor stat & ongoing issue in Ukraine, TAPE ignored all that & kept its focus on ongoing improvement in US economy.Bears are not getting any break, while many famous pundits are extremely confused & talking gibberish in their analysis, TAPE is heading towards all time highs. Stay diversified & ignore talk about non issues.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed