Indices closed UP .24% to .56%....NICE !!!!

Indices closed UP.

S&P 500 @ 3246.28, high 3246.84, low 3214.64

RSI @ 67.95

CMF @ 0.126

Internals were :

UP volume led by 1.20 to 1 in NYSE & 1.36 to 1 in Nasdaq

Advancing stocks led by 1.15 to 1 in NYSE & 1.16 to 1 in Nasdaq

Net new 52 wk highs were leading by 175 in NYSE & 75 in Nasdaq

VIX Down 1.21% @ 13.85

Oil @ $63.27

Gold @ $1568.80

AH news...CLUB UP 9.47%, WUBA UP 9.26%

                  MCHP UP 4.32%, PIR DOWN 6.28%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE closed @ high of the day, internals were positive. So what happened to the market, my rationale is that IRAQI parliament voted to expel all foreign troops out of IRAQ took the the bravado of drone attack with a vote by Democracy, Pompeo talking points not withstanding. When IRAQ does NOT want anyone then IRAN cannot be in focus, thus no reason for US to be in that region?

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed