Thursday, August 01, 2019

All indexes down led by IWM -1.45% closing below 30 DMA. Market Forecast gives a bearish signal as closing @75.73


VIX   17.87, +10.86%
/CL   54.49, -3.4%
TLT   135.26, +1.78%,

SPY Market Forecast, 75.73, Short-term Bearish, as pointing Down and crossing below the upper zone,
6-months, Up
10-days, Down
3-days, Down

Indices,
Up,
Down   QQQ:, 190.15, -0.50%    SPY: 294.84, -0.87%    DIA: 265.76, -1.03%    IWM: 154.29, -1.45%

Nasdaq Above 30MA , 42
VRTX, WDC, ATVI, EA, BIIB, CTSH, XEL, KHC, REGN, MSFT, CELG, VRSK, SBUX, WLTW, KLAC, INTU, SIRI, INCY, EBAY, AMGN, TTWO, COST
TMUS, GOOGL, CTAS, ASML, GOOG, FISV, FOX, JBHT, FOXA, TXN, LRCX, AMAT, INTC, AAPL, MYL, MU, SWKS, MCHP, NXPI, HAS


Nasdaq100  xsing  above30, 6,
VRTX, EA, XEL, REGN, MSFT, CELG
Nasdaq100  xsing  below30, 10,
CDNS, ADP, UAL, AVGO, NVDA, ROST, ADI, LULU, TSLA, CTRP, IDXX,

NDX Leaders
VRTX, +7.60%, WDC, +3.01%, ATVI, +2.97%
DJIA Leaders
IBM, +1.40%, MSFT, +1.31%, MRK, +0.84%
SPX Leaders
NKTR, +9.59%, K, +9.29%, VRTX, +7.60%, MCK, +6.69%

Sectors3 closed higher led by  XLU   60.16 +1.02%   and  XLRE   37.5 +0.24%,
Uptrend, XLP, XLK
Neutral  XLU, XLV, XLRE, XLI, XLE, XLC, XLB, XLY, XLF,
Downtrend

Breath   Weakened as decliners led NYSE:   1011    1942   and Nasdaq:   972    2171

MACD Crossover, VRTX


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SPY touched all times high once again and reversed at close

SPY Market Forecast     94.34 Defensive pointing down in the upper zone                        0.6   PCALL - 10 day SMA (0.75 - 1.00)       ...