Indices closed mixed....

Indices closed mixed as more questions being raised about US China trade negotiations goes through its steps.

S&P 500 @ 2808.48, low 2803.46, high 2815.00

RSI 2 63.50

CMF @ 0.120

Internals were :

Down volume led by 1.34 to 1 in NYSE & 1.10 to 1 in Nasdaq

Declining stocks led by 1.24 to 1 in NYSE & 1.33 to 1 in Nasdaq

Net new 52 wk highs were leading by 107 in NYSE & 41 in Nasdaq

VIX UP .67% @ 13.50

Oil @ $58.61

Gold @ $1295.10

AH news....HEAR Down 12.25%, DOCU Down 7.22%

                  PVTL Down 7.14%, SMTX UP 9.69%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was dealing with many cross currents from weak Chinese and US data. US China trade talks need more time. Today's TAPE was more a consolidation of gains in last several weeks. We should be able to start making series of new highs shortly. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed