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20:06
Unknown
Indices recovered most of the losses by close.
S&P 500 @ 1977.80, low 1964.04, high 1981.28
RSI @ 46.34
CMF @ 0.068
Internals were :
Down volume led by 2.64 to 1 in NYSE & 1.13 to 1 in Nasdaq
Declining stocks led by 1.42 to 1 in NYSE & 1.25 to 1 in Nasdaq
Net new 52 wk lows were leading by 134 in NYSE & 83 in Nasdaq
VIX UP 7.61% @ 15.98
Oil @ $94.57
Gold @ $1218.80
AH Futures down
AH Asian markets Mixed
AH Oil & Gold Down
About market, TAPE faced another uncertainty from Hong Kong and reacted to it. S&P 500 manged to close above 50 DMA which is very encouraging. Nasdaq had the best recovery and many famous names closed green. I expect market to continue fighting negativity & actually close green for a "turnaround Tuesday".
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1977.80, low 1964.04, high 1981.28
RSI @ 46.34
CMF @ 0.068
Internals were :
Down volume led by 2.64 to 1 in NYSE & 1.13 to 1 in Nasdaq
Declining stocks led by 1.42 to 1 in NYSE & 1.25 to 1 in Nasdaq
Net new 52 wk lows were leading by 134 in NYSE & 83 in Nasdaq
VIX UP 7.61% @ 15.98
Oil @ $94.57
Gold @ $1218.80
AH Futures down
AH Asian markets Mixed
AH Oil & Gold Down
About market, TAPE faced another uncertainty from Hong Kong and reacted to it. S&P 500 manged to close above 50 DMA which is very encouraging. Nasdaq had the best recovery and many famous names closed green. I expect market to continue fighting negativity & actually close green for a "turnaround Tuesday".
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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