Indices closed near high of the day.
S&P 500 @ 1924.97, high 1925.88, low 1915.98
RSI @ 66.16
CMF @ 0.362 @ its highest point in last 6 months.
Internals were :
UP volume led by 1.14 to 1 in NYSE & .83 to 1 in Nasdaq
Declining stocks led by 1.11 to 1 in NYSE & 1.67 to 1 in Nasdaq
Net new 52 wk highs were leading by 190 in NYSE & by 43 in Nasdaq
VIX UP 1.58% @ 11.58
Oil @ $102.47
Gold @ $1244.00
AH ER KKD Down 10.21%
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE continues its melt up by making new highs in S&P 500 & Dow. China HSBC final PMI came in @ 49.4 vs flash estimate of 49.7, this is another number which may be the low point in Chinese economic scene. I am expecting this rally to broaden out as laggard may come into play.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1924.97, high 1925.88, low 1915.98
RSI @ 66.16
CMF @ 0.362 @ its highest point in last 6 months.
Internals were :
UP volume led by 1.14 to 1 in NYSE & .83 to 1 in Nasdaq
Declining stocks led by 1.11 to 1 in NYSE & 1.67 to 1 in Nasdaq
Net new 52 wk highs were leading by 190 in NYSE & by 43 in Nasdaq
VIX UP 1.58% @ 11.58
Oil @ $102.47
Gold @ $1244.00
AH ER KKD Down 10.21%
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE continues its melt up by making new highs in S&P 500 & Dow. China HSBC final PMI came in @ 49.4 vs flash estimate of 49.7, this is another number which may be the low point in Chinese economic scene. I am expecting this rally to broaden out as laggard may come into play.
BLOG does NOT give buy or sell.
Saleem
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