Indices closed down .25% to .50%.......

Indices closed down.

S&P 500 @ 2932.47, low 2898.21, high 2937.32

RSI @ 61.18

CMF @ 0.261

Internals were :

Down volume led by 1.90 to 1 in NYSE & 1.37 to 1 in Nasdaq

Declining stocks led by 1.45 to 1 in NYSE & 1.28 to 1 in Nasdaq

Net new 52 wk highs were leading by 111 in NYSE & 47 in Nasdaq

VIX UP 19.97% @ 15.44

Oil @ $62.25

Gold @ $1283.80

AH news....GS UP 4.88% , KLAC Down 3.70%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was sharply lower @ open but it worked its way back to impressive close, it closed well above its lows and close to its high of the day. Bargain hunters bought this dip.@ its low of the day DOW was down 471 points, by close it was down only 66 points. Futures are down again on negative commentary by US negotiator about Chinese reneging on agreed terms.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed