Indices closed mixed....

Indices closed mixed.

S&P 500 @ 3006.73, high 3007.83, low 2978.57

RSI @ 61.13

CMF @ 0.288

Internals were :

Down volume led by 1.75 to 1 in NYSE & 1.54 to 1 in Nasdaq

Declining stocks led by 1.21 to 1 in NYSE & 1.52 to 1 in Nasdaq

Net new 52 wk highs were leading by 85 in NYSE & 25 in Nasdaq

VIX Down 3.39% @ 13.95

Oil @ $58.11

Gold @ $1515.80

AH news....CCO Down 7.53%, X Down 7.71%

                   OSTK Down 8.71%, MDR UP 16.20%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was subjected to HFT ( machine driven trading ) with extreme volatility, but when market closed everything was almost in green. Fed policy statement was more than market friendly BUT some trading houses were betting opposite, so they had to cover their short first. Expecting a positive day on Thursday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed