Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2726.80, low 2701.74, high 2730.60

RSI @ 50.76

CMF @ 0.029

Internals were :

UP volume led by .73 to 1 in NYSE & 1.71 to 1 in Nasdaq

Advancing stocks led by 1.09 to 1 in NYSE & 1.68 to 1 in Nasdaq

Net new 52 wk highs were leading by 47 in NYSE & 137 in Nasdaq

VIX Down 3.27% @ 17.76

Oil @ $61.15

Gold @ $1327.60

AH news...WUBA UP 4.4%, CZR UP 6.8%
                 ZAGG Down 8.39%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was under pressure @ open, Dow was down 300 points but by close Dow down about 83 points, Nasdaq closed UP 24 points and is only 106 points away from making a new all time high. Mixed close is a very good technical sign of the health of this market. Internals were mostly positive. Hopefully Thursday we close in green.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed