Indices closed UP .37% to .61%...NICE!!!!

Indices closed UP.

S&P 500 @ 2887.89, high 2892.52, low 2866.78

RSI @ 58.97

CMF @ 0.149

Internals were :

UP volume led by 1.22 to 1 in NYSE & .96 to 1 in Nasdaq

Advancing stocks led by 1.06 to 1 in NYSE & .87 to 1 in Nasdaq

Net new 52 wk lows were leading by 68 in NYSE & 11 in Nasdaq

VIX Down 6.64% @ 13.22

Oil @ $69.25

Gold $1202.20

AH Futures Down

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE closed UP after futures being down in triple digits. Oil moved UP.after many days of down moves. Internals were mixed as Nasdaq internals showed weakness. After long time I see net new 52 wk lows were in the lead. There is a bit of optimism in NAFTA talks between Canada & US as deal may be imminent. TAPE is still narrow in terms of positive action.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed