Indices closed down.
S&P 500 @ 2105.33, low 2104.58, high 2117.69
RSI @ 52.53
CMF @ 0.058
Internals were :
Down volume led by 1.86 to 1 in NYSE & .94 to 1 in Nasdaq
Declining stocks led by 1.83 to 1 in NYSE & .88 to 1 in Nasdaq
Net new 52 wk highs were leading by 33 in NYSE & 28 in Nasdaq
VIX UP 7.70% @ 13.85
Oil @ $59.25
Gold @ $1183.00
AH ER ...YY Down 8.8%, RAX 13.12%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was under mild selling pressure due to slowing Chinese growth & Greece decision. Indices closed near low of the day and there was some damage to internals of the market. IF Greece situation becomes optimistic and get resolved, then we may have a very strong day, which could be as early as tomorrow. Otherwise, stay put and wait for 1 down day and 2 up day TAPE.
BLOG does NOT give buy or sell.
Saleem
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