Indices closed down .56% to .72%.....

Indices closed down.

S&P 500 @ 2878.20, low 2873.33, high 2886.88

RSI @ 63.86

CMF @ 0.202

Internals were :

Down volume led by 3.14 to 1 in NYSE & 2.13 to 1 in Nasdaq

Declining stocks led by 2.74 to 1 in NYSE & 2.70 to 1 in Nasdaq

Net new 52 wk highs were leading by 76 in NYSE & 35 in Nasdaq

VIX UP 8.35% @ 14.28

Oil @ $63.98

Gold @ $1308.30

In my portfolio ...bought BZUN @ $42.82

AH news...LEVI UP 5.35%, FTEK UP 5.36%

                 DSX Down 4.11%, AMRS Down 7.04%

AH Futures Mixed

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, Today IMF took down growth expectations of world GDP and US EU trade tension took center stage, all this took a toll on markets by closing near low of the day. Internals were negative for the most part. RSI is back to reasonable level to encourage buying.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed