Indices closed down.
S&P 500 @ 2081.24, low 2078.76, high 2086.74
RSI @ 56.61
CMF @ 0.063
Internals were :
Down volume led by 1.03 to 1 in NYSE & .81 to 1 in Nasdaq
Declining stocks led by .94 to 1 in NYSE & 1.24 to 1 in Nasdaq
Net new 52 wk lows were leading by 35 in NYSE & by 43 in Nasdaq
VIX UP .83% @ 16.99
Oil @ $40.54
Gold @ $1077.90
AH ER...ROST UP 8.25%, WDAY Down 6.17%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE digested huge run after Fed minutes, this is very healthy to not lose gains from previous day. TAPE and many stocks are setting UP to make new all time highs. Look @ leaders and place few in your portfolio, they have much more room to run. Stay with this market for more gains with conviction.
BLOG does NOT give buy or sell.
Saleem
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