Indices closed down .55% to .88%.....

Indices closed down.

S&P 500 @ 2774.02, low 2770.77, high 2785.91

RSI @ 57.32

CMF @ 0.025

Internals were :

Down volume led by 4.19 to 1 in NYSE & 1.86 to 1 in Nasdaq

Declining stocks led by 2.74 to 1 in NYSE & 1.87 to 1 in Nasdaq

Net new 52 wk highs were leading by 10 in NYSE & 20 in Nasdaq

VIX UP 7.83% @ 13.63

Oil @ $70.38

Gold @ $1244.40

AH news...AVGO Down 6.67%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was under selling pressure due to trade war heating up again, Indices were little overbought also thus closing near low of the day. Internals were not extreme and VIX remained contained which was telling me that this tariff news is discounted already.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed