Indices closed down 1.70% to 2.21%.......

Indices closed down.

S&P 500 @ 2641.89, low 2631.52, high 2669.44

RSI @ 35.90

CMF @ 0.038

Internals were :

Down volume led by 8.24 to 1 in NYSE & 2.39 to 1 in Nasdaq

Declining stocks led by 5.69 to 1 in NYSE & 3.16 to 1 in Nasdaq

Net new 52 wk lows were leading by 724 in NYSE & 378 in Nasdaq

VIX UP 11.84% @ 22.48

Oil @ $53.43

Gold @ $1221.20

AH news...FL UP 16.29%, ADSK UP UP 8.81%

                BILI Down 5.15%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was in freefall again today and closed near low of the day, DOW was the worst performer closing down 552 points.Internals were the worst in this selling. Based on current futures, we may get much needed " deeply  oversold bounce "... This has been brutal for most participants who could not predict 40% slump in most high beta stocks.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed