Indices closed down 1.35% to 1.50%......

Indices closed down.

S&P 500 @ 2041.89, low 2041.66, high 2076.37

RSI @ 46.34

CMF @ -0.080

Internals were :

Down volume led by 6.08 to 1 in NYSE & 2.97 to 1 in Nasdaq

Declining stocks led by 1.92 to 1 in NYSE & 1.96 to 1 in Nasdaq

Net new 52 wk lows were leading by 150 in NYSE & by 79 in Nasdaq

VIX UP 6.05% @ 18.94

Oil @ $34.95

Gold @ $1049.60

AH ER.....RHT UP 6.43%

AH Futures Down

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE reacted to falling oil & commodity prices and closed @ low of the day, Today's TAPE was extremely disappointing after being strong yesterday and giving all that gain and then some today. S&P 500 & Dow are below 50 & 200 DMA, Nasdaq & Dow still making golden cross & S&P 500 to follow very quickly, so there is some hope technically speaking. Friday is monthly option expiry, we may have been impacted by that a day early. Hoping close to be encouraging.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed