Indices closed mixed.
S&P 500 @ 2160.77, high 2162.93, low 2150.28
RSI @ 50.41
CMF @ - 0.015
Internals were :
Down volume led by 1.24 to 1 in NYSE & 1.26 to 1 in Nasdaq
Declining stocks led by 1.26 to 1 in NYSE & 1.54 to 1 in Nasdaq
Net new 52 wk highs were leading by 66 in NYSE & 45 in Nasdaq
VIX Down 1.15% @ 12.84
Oil @ $50.44
Gold @ $1253.00
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE fought is way back from triple digit loss to almost unchanged level, on higher oil. It is all about jobs report @ 830 AM, expectations is job growth of 168K, i expect actual to come in higher after back to back below expectations number. How much higher will determine IF we sell off immediately or slightly higher, means rally. There is a closing BLOG around 7 PM on Friday's.
BLOG does NOT give buy or sell.
Saleem
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