Indices closed mixed.
S&P 500 @ 2037.05, high 2042.67, low 2031.96
RSI @ 63.57
CMF @ 0.366
Internals were :
UP volume led by 1.10 to 1 in NYSE & .86 to 1 in Nasdaq
Advancing stocks led by 1.35 to 1 in NYSE & .83 to 1 in Nasdaq
Net new 52 wk highs were leading by 103 in NYSE & lows by 8 in Nasdaq
VIX UP 3.39% @ 15.24
Oil @ $39.39
Gold @ $1220.00
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was in neutral ground and had to deal with oil being lower, by close Dow & S&P 500 was green and Nasdaq was off by less than 7 points. Janet Yellen is on tap for Tuesday and traders waiting for some hint about direction of near term fed interest rate policy. Today's TAPE was very constructive and hopefully next direction is higher, jobs report notwithstanding.
BLOG does NOT give buy or sell.
Saleem
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