Equities are generally lower half way through the trading day - but lots of cross currents- kind of surprising that we are lower as the internals are green on the NYSE/NAZ/SPX - problem - the dollar which is up .35% -
Strongest sectors- small caps, airlines, metals, reits, internets and semis while energy, gaming, brokers and large caps lag.
NYSE- 600 net winners;
NAZ- 400 net winners;
SPX- 270 green;
NDX- 53 green;
DJIA 10 green;
TRIN- 1.41 with up volume slightly better than down.
VIX- down 1% at 21.7 and about 2% below the SMA 10.
WINNERS- AA MET AMZN WY MON AEP STX LRCX WCRX STLD FAST GRMN;
LOSERS- JOYG PCAR ATVI SPLS RYAAY WAG MS WFC BAC DVN UNH BHI;
RSI 2 levels as follows:
Market internals not giving much indication today as they have been dead wrong about direction- and the false break out above 1115 on the SPX also provided a good short/sell area for many traders.
The dollar is probably still key and 75 still seems like big resistance for now.