Indices closed down .29% to .52%.....

Indices closed down.

S&P 500 @ 2344.93, low 2341.18, high 2352.72

RSI @ 43.34

CMF @ -0.066

Internals were :

Down volume led by 2.52 to 1 in NYSE & 1.95 to 1 in Nasdaq

Declining stocks led by 2.15 to 1 in NYSE & 2.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 63 in NYSE & 29 in Nasdaq

VIX UP 4.64% @ 15.77

Oil @ $53.11

Gold @ $1278.10

AH News..AAOI UP 19.87%, PIR Down 3.72%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed near low of the day. Dow and S&P 500 closed below 50 DMA and Nasdaq only 8 points above. CMF is negative in S&P 500 and Dow. VIX closed @ highest point in months.Internals were weak all day. All this is not a sign of market which can be called healthy. Look for relative value and make some changes.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed