Thursday 28 February 2019

Indices closed down .27% to .29%......

Indices closed down.

S&P 500 @ 2784.40, low 2782.51, high 2793.73

RSI @ 65.90

CMF @ 0.275

Internals were :

Down volume led by 1.53 to 1 in NYSE & 1.05 to 1 in Nasdaq

Declining stocks led by 1.30 to 1 in NYSE & 1.41 to 1 in Nasdaq

Net new 52 wk highs were leading by 138 in NYSE & 39 in Nasdaq

VIX UP .54% @ 14.78

Oil @ $57.22

Gold @ $1316.10

AH news....TSLA Down 3.34%, NTNX Down 21.18%

                   GPS UP 25.59%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed slightly lower despite good economic data in USA. 3 days have been sideways pretty much which is a show of strength of this market. Money flow remained positive for months which is also a good sign of inflow into equities. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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