THE CLOSE
Markets closed the day flattish after being way higher earlier- SPX -.5, NAZ -3 and the DJIA +3.
Strong sectors-nat gas, energy, gaming, oil service and ags while banks, retail, semis and metals lagged.
NYSE/NAZ flat internals;
NDX- 35 GREEN;
SPX- 215 GREEN;
VIX- flat at 25.1;
TRIN- .87 with up volume a bit better than down and decent volume at 1.25 b shares traded.
RSI 2 levels way over bought still at 90+ on the major indexes.
Tomorrow is Turnaround Tuesday and just not sure if that means we go higher or lower- I suspect higher as folks probably look at today as a dip.
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home