Indices closed mixed.
S&P 500 @ 2880.34, low 2874.27, high 2894.83
RSI @ 42.61
CMF @ -0.130
Internals were :
Down volume led by 1.37 to 1 in NYSE & 1.07 to 1 in Nasdaq
Declining stocks led by 1.13 to 1 in NYSE & 1.51 to 1 in Nasdaq
Net new 52 wk lows were leading by 259 in NYSE & 130 in Nasdaq
VIX Down 1.66% @ 15.95
Oil 2 $74.96
Gold @ $1191.50
AH news....NIO UP 9.88%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was UP then Down but closed Mixed. 10 year yield was lower @ 3.214%. Chinese economic weakness and lower growth for world economies created uncertainty in market. Internals were weak S&P 500 closed below 50 DMA. Nasdaq was the only index closing in green, which may be a good sign for bulls.
BLOG does NOT give buy or sell.
Saleem
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