Monday, 24 September 2018

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2919.37, low 2912.63, high 2923.79

RSI @ 62.55

CMF @ 0.102

Internals were :

Down volume led by 2.45 to 1 in NYSE & .92 to 1 in Nasdaq

Declining stocks led by 2.06 to 1 in NYSE & 1.66 to 1 in Nasdaq

Net new 52 wk lows were leading by 65 in NYSE & 10 in Nasdaq

VIX UP 4.45% @ 12.20

Oil @ $72.08

Gold @ $1204.40

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE contained negative reaction to stalemate in trade talk between China & USA. NAFTA talks between Canada & USA has been shifted to sideline conversation in UN get together, who knows that may break stalemate. Nasdaq was the star performer today with FANG coming into vogue. Mixed action in pot stocks. It is all about anticipation of Fed decision on Wednesday @ 2 PM, TAPE may pause on Tuesday in anticipation.

BLOG does NOT give buy or sell.

Saleem

0 comments:

Post a Comment

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Online Project management