US Markets Closing Data As the market waits for Wednesday’s Fed directive, FB shares are down again in afterhours trade. Although NQ futures are well above their RTH low, they are down more than twice the ES and YM contracts on a percentage basis. Apparently Cambridge Analytica – and their affiliates - have some explaining to do.
SPX/ES/SPY: 2712.92/2718/270.49
SPX bounced off the 2700 area in the last hour of trade and the market balance shifted from quite negative to not quite as negative going into the last several minutes. Some further reflexive bounce action might be on the bull's mind but I will take my cues from market internals on the open.
Market Internals Advance-Decline Lines: -1682. NYSE Breadth: -7.05:1, NASDAQ Breadth: -4.84:1. NYSE TICK: Cumulative TICK went flat but still under the zero line into the close. TRIN: 1.90
NYSE MOC imbalance was quite negative at 20 minutes to close, went slightly positive and ended mildly negative at -179 M. NYSE composite volume was in the average zone.