17:54
Unknown
S&P 500 @ 2362.98, low 2361.01, high 2373.09
RSI @ 60.02
CMF @ 0.401
Internals were :
Down volume led by 1.85 to 1 in NYSE & .86 to 1 in Nasdaq
Declining stocks led by 2.73 to 1 in NYSE & 1.45 to 1 in Nasdaq
Net new 52 wk lows were leading by 31 in NYSE & highs by 15 in Nasdaq
VIX UP 3.58% @ 11.86
Oil @ $50.28
Gold @ $1208.60
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was under mild selling pressure again on interest rate hike anxiety and oil slumping highest % loss in 13 months.Internals remains weak. Job picture was pretty strong vs consensus in private sector job growth, this keeps Friday's jobs report under extreme focus. This is a very orderly mild selling with eager buyers, thus no real technical damage.Keep an eye on buying opportunities in this mini sell off.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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