Indices closed down .03% to .12%.....

Indices closed down.

S&P 500 @ 2249.26, low 2244.56, high 2254.51

RSI @ 56.75

CMF @ 0.014

Internals were :

UP volume led by 1.19 to 1 in NYSE & .92 to 1 in Nasdaq

Advancing stocks led by 1.41 to 1 in NYSE & .97 to 1 in Nasdaq

Net new 52 wk highs were leading by 31 in NYSE & 32 in Nasdaq

VIX UP 3.24% @ 13.37

Oil @ $53.77

Gold @ $1157.70

AH Futures UP

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE was under mild selling and it feels like most of the selling has already taken place.I am expecting TAPE to find footing here and go UP. Internals were half decent today, which gives me confidence, that selling looks tired. I have completed juggling my portfolio for 2017. It is important to look ahead and see which sectors are ready to move UP. Many financials, base metals and even oil stocks have pulled back to support area, now they should outperform in near term. There is only a closing BLOG around 7 PM on Friday's.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed