Indices closed down .54% to 1.23%.....

Indices closed down.

S&P 500 @ 2818.37, low 2802.49, high 2827.95

RSI @ 50.57

CMF @ 0.003

Internals were :

Down volume led by 3.50 to 1 in NYSE & 4.46 to 1 in Nasdaq

Declining stocks led by 2.25 to 1 in NYSE & 3.10 to 1 in Nasdaq

Net new 52 wk lows were leading by 243 in NYSE & 130 in Nasdaq

VIX UP 9.99% @ 14.64

Oil @ $65.01

Gold @ $1185.00

AH news...WUBA UP 5%, CSCO UP 6.22%

                  DISH Down 3.15%, NTAP Down 4.21%

AH futures Down

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE was under intense selling pressure worldwide again, indices closed half way from low to high. Chinese stocks may have found support after reacting badly to Tencent's earnings report which missed expectations'and brought all Chinese stocks to recent lows. Hopefully we may have seen lows in markets and many stocks.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed