Tuesday, 10 June 2014

Indices closed mixed.....

Indices closed mixed but fought back to closed @ high of the day.


S&P 500 @ 1950.79, low 1944.64, high 1950.86


RSI @ 73.36


CMF @ 0.439


Internals were :


Down volume led by 1.07 to 1 in NYSE & .78 to 1 in Nasdaq


Declining stocks led by 1.37 to 1 in NYSE & 1.22 to 1 in Nasdaq


Net new 52 wk highs were leading by 125 in NYSE & 68 in Nasdaq


VIX Down 1.43% @ 10.99


Oil @ $104.35


Gold @ $1260.10


AH ER : ULTA UP 10.17%, SYNA UP 18.04%


AH Futures Down


AH Asian Markets Mixed


AH Oil & Gold UP


About market, TAPE remained resilient & closing @ high of the day is extremely impressive. Internals did weaken substantially. It is all set to make another all time high in S&P 500 while Dow made it today already. This TAPE is very impressive to deserve long term conviction.


BLOG does NOT give buy or sell.


Saleem

0 comments:

Post a Comment

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Online Project management