18:49
Unknown
Indices closed mixed with indices closing near high of the day.
S&P 500 @ 1962.61, low 1958.89, high 1963.74
RSI @ 70.78
CMF @ 0.579
Internals were :
Down volume led by .98 to 1 in NYSE & 1.06 to 1 in Nasdaq
Declining stocks led by 1.02 to 1 in NYSE & 1.33 to 1 in Nasdaq
Net new 52 wk highs were leading by 219 in NYSE & 77 in Nasdaq
VIX UP 1.20% @ 10.98
Oil @ $106.17
Gold @ $1318.40
AH ER ....MU Down .7%, SONC UP 1.99%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was under mild selling pressure due to European data. China PMI was ignored & resale housing data in US was a non news. Even today TAPE came close to erasing all the losses which is a tell tale of the strength of this rally. How we close is what matters. TAPE is all set for higher highs & it may show that by close on Tuesday.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1962.61, low 1958.89, high 1963.74
RSI @ 70.78
CMF @ 0.579
Internals were :
Down volume led by .98 to 1 in NYSE & 1.06 to 1 in Nasdaq
Declining stocks led by 1.02 to 1 in NYSE & 1.33 to 1 in Nasdaq
Net new 52 wk highs were leading by 219 in NYSE & 77 in Nasdaq
VIX UP 1.20% @ 10.98
Oil @ $106.17
Gold @ $1318.40
AH ER ....MU Down .7%, SONC UP 1.99%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was under mild selling pressure due to European data. China PMI was ignored & resale housing data in US was a non news. Even today TAPE came close to erasing all the losses which is a tell tale of the strength of this rally. How we close is what matters. TAPE is all set for higher highs & it may show that by close on Tuesday.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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