Indices closed mixed.....

Indices went on a wild ride again, but closed where it started the day.

S&P 500 @ 2080.15, high 2085.62, low 2072.14

RSI @ 39.49

CMF @ -0.055

Internals were :

Down volume led by 1.13 to 1 in NYSE & 1.82 to 1 in Nasdaq

Declining stocks led by 1.83 to 1 in NYSE & 1.45 to 1 in Nasdaq

Net new 52 wk lows were leading by 101 in NYSE & highs by 38 in Nasdaq

VIX Down 5.36% @ 14.47

Oil @ $60.14

Gold @ $1177.60

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE went nowhere fast in the end, but scared the hell out of many traders in early part of trading. Greece & Fed decision continues to plague sentiment. We need one Greece issue resolved soon as Fed decision to raise rates may not come until September. Market is dealing with Greece issue with resolution being pushed down further. In uncertain times, technicians come out of woodwork to boost their rating and make outlandish prediction, please keep in mind, they are analyzing past not future.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed