Tuesday 28 August 2018

Indices closed UP .03% to .16%....NICE !!!!

Indices closed UP.

S&P 500 @ 2897.52, high 2903.77, low 2893.50

RSI @ 68.73

CMF @ 0.107

Internals were :

Down volume led by 1.52 to 1 in NYSE & .99 to 1 in Nasdaq

Declining stocks led by 1.43 to 1 in NYSE & 1.02 to 1 in Nasdaq

Net new 52 wk highs were leading by 149 in NYSE & 116 in Nasdaq

VIX UP 2.80% @ 12.50

Oil @ $68.53

Gold @ $1214.40

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE closed green again, S&P 500 went above 2900 for the first time and still closed @ new all time high. Internals were weak today after many days of gains and easing of trade tension with Mexico.

I am away from tomorrow for a wedding in Virginia until September 5th inclusive, in the meantime Stocktrader is always writing his buys and sells and closing market analysis in the comment section below, it will be a long comment section as it is being updated daily. please join Stocktrader daily for his valuable analysis about stocks FA & TA plus closing commentary.

BLOG does NOT give buy or sell.

Saleem

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