Indices closed down .10% to .16%......

Indices closed lower.

S&P 500 @ 2436.10, low 2434.32, high 2439.55

RSI @ 67.68

CMF @ 0.329

Internals were :

Down volume led by 1.39 to 1 in NYSE & 1.08 to 1 in Nasdaq

Declining stocks led by 1.65 to 1 in NYSE & 1.83 to 1 in Nasdaq

Net new 52 wk highs were leading by 122 in NYSE & 148 in Nasdaq

VIX UP 3.28% @ 10.07

Oil @ $47.40

Gold @ $1282.70

AH ER....WGO UP 4.54%, IGT UP 3.54%

AH Futures UP

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE was under pressure from many negative news, whole day it was a very narrow range trading. Nasdaq made a new intraday all time high.Internals were weak. On any weakness, strategic buying works out. Pruning portfolio from weak holdings also works.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed