Indices closed down .08% to .15%....

Indices closed down.

S&P 500 @ 2180.89, low 2177.85, high 2185.44

RSI @ 63.50

CMF @ 0.315

Internals were :

UP volume led by 1.52 to 1 in NYSE & 1.07 to 1 in Nasdaq

Advancing stocks led by 1.35 to 1 in NYSE & .91 to 1 in Nasdaq

Net new 52 wk highs were leading by 255 in NYSE & 137 in Nasdaq

VIX UP .97% @ 11.50

Oil @ 43.02

Gold @ $1341.30

Stocks which were UP 1% or more included CNQ GG JCP VRX
CTRP SPLK SPWR SU KGC LVS WYNN SINA DNKN CHK
SWN TK SSYS RIG WB LNG M TCK SWIR AGU TRIP.....

AH ER...GPS Down 5.11%

AH Futures UP

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE digested huge gains from Friday, internals were mostly positive. Indices closed above lows of the day. TAPE remains healthy and we should resume this uptrend as soon as Tuesday. Stay with what is working and looks strong. Any weak day is a good day to execute your buy plan.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed