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
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