Indices closed down .30% to .65%.....

Indices closed down.

S&P 500 @ 2267.89, low 2262.81, high 2272.08

RSI @ 57.36

CMF @ 0.047

Internals were :

Down volume led by 1.17 to 1 in NYSE & 2.00 to 1 in Nasdaq

Declining stocks led by 1.23 to 1 in NYSE & 2.41 to 1 in Nasdaq

Net new 52 wk highs were leading by 89 in NYSE & 59 in Nasdaq

VIX UP 5.7% @ 11.87

Oil @ $52.48

Gold @ $1212.90

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, Indices were under selling pressure and internals were weak. Too many cross current for this TAPE to handle on a daily basis. Many questions about trade policies impacting industries. Try to look for opportunities, to buy quality stocks on any weakness. Trading may be a good way, to take advantage, of conflicting statements around the globe.Some sectors are getting overbought, while other sectors are becoming attractive. Try to spot these on a daily basis, it is the relative bargain which matters.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed