Indices closed down .07% to .47%.....

Indices closed down.

S&P 500 @ 2432.46, low 2418.53, high 2433.95

RSI @ 60.60

CMF @ 0.379

Internals were :

Down volume led by 2.23 to 1 in NYSE & 2.56 to 1 in Nasdaq

Declining stocks led by 1.63 to 1 in NYSE & 1.78 to 1 in Nasdaq

Net new 52 wk highs were leading by 20 in NYSE & lows by 16 in Nasdaq

VIX UP 2.44% @ 10.90

Oil @ $44.46

Gold @ $1254.10

AH ER....FNSR UP 7.76%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was under selling pressure @ open, all indices closed down and internals were negative. Nasdaq made lower lows and came within 28 points from 50 DMA, only good thing was that all indices closed @ high of the day. Hopefully Friday we may stage another oversold bounce. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed