All indices closed down .32%......

Indices closed down.

S&P 500 @ 2075.00, low 2074.85, high 2086.94

RSI @ 56.45

CMF @ 0.245

Internals were :

Down volume led by 1.88 to 1 in NYSE & 2.18 to 1 in Nasdaq

Declining stocks led by 1.34 to 1 in NYSE & 1.81 to 1 in Nasdaq

Net new 52 wk lows were leading by 65 in NYSE & by 26 in Nasdaq

VIX UP 5.04% @ 16.06

Oil @ $42.93

Gold @ $1084.90

AH ER ...NTES UP 5.96%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was under selling pressure from M ER and Oil tanking again. First time i have seen all indices closing down by same %. Volume was low due to veterans day. TAPE is drifting with many negative data from different sectors. Hopefully we will find footing and move UP any moment now. Stay with your conviction and in the end everything will turn out more than OK.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed