Bulls and bears fight continues within the range. SPY tried to go higher and sold out from the early morning gap.

VIX :   20.31  +5.12%                        

/CL :    55.69 +3.51%                        

TLT :  147.61 +1.54%                        

                          

SPY Market Forecast 35.03 Short-term Bearish  and pointing down and in the neutral zone               

  6-months Sideways                       

  10-days Sideways                       

  3-days Down                       

                         

Indices                          

Up:                            

Down:    QQQ :  -0.21% ;  SPY:  -0.39% ;  DIA:  -0.50% ;   IWM:  -1.48%              

                         

Nasdaq Above 30MA    =  27                       

COST, ATVI, NTES, IDXX, QCOM, VRSK, KLAC, PEP, XEL, JD, CMCSA, FISV, AMGN, CHTR, CTAS, TTWO, BKNG, INTU, SNPS, ADP, MDLZ, JBHT, CELG, EA, SBUX, SYMC, VRTX

                         

Stocks to watch on  Wednesday                       

Nasdaq100  xsing above30         =  5                      

IDXX, QCOM, JD, CMCSA, CTAS                      

                         

Nasdaq100  xsing below30        = 3                      

AAPL NVDA INCY                        

                         

NDX Leaders:    41 closing higher  and  62 closing Lower                  

COST :  +5.00% ;  ATVI : +4.93% ;  NTES : +3.06%                

DJIA Leaders:   11 closing higher  and  19 closing Lower                  

JNJ :   +1.44% ;  PG :   +1.03% ;  IBM :   +0.91%                

SPX Leaders:   35 closing higher  and  65 closing Lower                  

COST :   +5.00% ;  QCOM :   +1.45% ;  JNJ :   +1.44%                

                         

Sectors    Three sectors closed higher led by XLC         48.71   +0.19%     and  XLU   62.3 +0.18%   Lower = 8              

  XLRE, XLU, XLP  closing above 30d. SMA  and  9 Sectors are below.                  

Uptrend XLRE ,  XLP ,  XLU                    

Sideways XLY ,  XLB ,  XLV ,  XLF , XLI , XLC , XLK            

Downtrend XLE                        

                         

Breath:    Weakened as decliners led  NYSE:  1013   to   1950 and  decliners led   Nasdaq:     859   to   2228            

                         

MACD Crossover: NTES, FB, INTC, VRSN, ASML