Thursday 18 July 2019

Indices closed UP .01% to .36%.....NICE !!!!!

Indices closed UP.

S&P 500 @ 2991.36, high 2998.28, low 2973.09

RSI @ 62.00

CMF @ 0.085

Internals were :

UP volume led by 1.32 to 1 in NYSE & 1.33 to 1 in Nasdaq

Advancing stocks led by 1.22 to 1 in NYSE & 1.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 161 in NYSE & lows by 9 in Nasdaq

Oil @ $55.30

Gold @ $1428.10

AH news... MSFT UP 2.65%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE struggled again and went down after open but major Indices closed UP, looks like we found support and turned UP. AH earning report from MSFT is a beat all over which is turning futures higher. US planes shot down Iran drone which pushed Gold into a new 7 year high.There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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