Monday 23 November 2015

Indices closed down .05% to .17%.......

Indices closed down.

S&P 500 @ 2086.59, low 2081.39, 2095.61

RSI @ 57.56

CMF @ 0.010

Internals were :

Down volume led by 1.23 to 1 in NYSE & .92 to 1 in Nasdaq

Advancing stocks led by 1.08 to 1 in NYSE & 1.27 to 1 in Nasdaq

Net new 52 wk lows were leading by 48 in NYSE & by 7 in Nasdaq

VIX UP .97% @ 15.62

Oil @ $41.75

Gold @ $1066.80

AH ER....PANW UP 3.77%, YY Down 3.56%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE rested today after sustained UP move, internals were mixed but remained healthy.Strong stocks continued their UP move even when market was mixed, a definite sign of strength, even battered CMG came along for the ride. Small caps were strong today another sign of evolving / rotational market. Stay with your exposure as the rally is getting broad based.

BLOG does NOT give buy or sell.

Saleem

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