CLOSING NUMBERS

Markets again all over the board but closing much closer to the high than the lows. The DJIA +115, NAZ +17 and SPX +9.5.

Strong sectors- homies, metals, oils, semis, trannies and insurance while MOO internets, airlines, real estate and banks lagged.

Key stock leaders- INTC DECK VMW KLAC UA SMH MSFT MGM PG IBB KO- laggards- GOOG ICE GS MA POT AMZN GRMN BIDU MS;

Market internals closed with 1,950 more winners than losers on the NYSE/NAZ;

VIX -4.7% and now sitting in way oversold territory 11% + below the 10 SMA;

Low volume again with Up about 3X Down;

TRIN .81;

Markets are at/near resistance with the 50 SMA on the SPX right above at 1,393 and the 38.2 FIB also providing resistance at 1,387. RSI (2) levels also way over bought with all major market indexes trading near the 90 level. Therefore, don't be surprised to see a pull back over the next few days as markets are definitely overbought and heading near major resistance.