Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2125.77, low 2119.90, high 2141.33

RSI @ 37.19

CMF @ 0.144

Internals were :

Down volume led by 1.84 to 1 in NYSE & .70 to 1 in Nasdaq

Declining stocks led by 1.10 to 1 in NYSE & 1.03 to 1 in Nasdaq

Net new 52 wk lows were leading by 5 in NYSE & highs by 1 in Nasdaq

VIX UP 1.62% @ 18.14

Oil @ $43.58

Gold @ $1326.10

Stocks which were UP 1% or more included QRVO SPLK 
FNSR NTES EGO TWTR AAPL NXPI LVS WYNN
SINA WB BABA M TCK CRUS......

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was under selling pressure again due to lower oil prices, but managed to keep support around 2120 area, this could be a triple bottom. Internals were mostly weak. AAPL & its suppliers were strong. FANG maintained green close. TAPE may have discounted Fed meeting already.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed