Wednesday, August 07, 2019

QQQ & SPY up ; DIA & IWM down. VIX down to 19.49. SPY attempting to fill the gap and holding support in diagonal from Dec'18-Jun'19 uptrend.

TLT filling the gap after reaching the 200% fib to the penny.



VIX: 19.49 , -3.37%                     
/CL: 52.31, -2.15%                     
TLT: 140.03, +0.04%                     
                      
SPY Market Forecast:  25.46 Short-term Bearish as pointing Down and in the neutral zone            
  6-months Up                    
  10-days Down                    
  3-days Down                    
                      
Indices                       
Up       QQQ :     184.25 +0.54%      SPY:     287.97 +0.06%                
Down       DIA:     260.24 -0.02%      IWM:     149.32 -0.03%                
                      
Nasdaq Above 30MA  24                    
TTWO , ATVI , NXPI , FISV , COST , FOXA , TXN , FOX , VRSK , LRCX , HAS , XEL , ROST , CTAS , CELG , GOOGL , GOOG , SIRI , SBUX , AMGN , JBHT , BIIB , KLAC , WDC
                      
                      
Stocks to watch on  Thursday                    
Nasdaq100  xsing above30      8                   
ATVI , COST , FOXA , TXN , FOX , LRCX , XEL , ROST                
                      
Nasdaq100  xsing below30 1                   
VRTX                       
                      
NDX Leaders                      
MCHP +3.95% TTWO +3.89% ATVI +3.24%                  
DJIA Leaders                      
WBA +2.00% KO +1.74% V +1.65%                  
SPX Leaders                      
CVS +7.45% WBA +2.00% BKNG +1.96% COST +1.85%                
                      
Sectors   8 sectors closed higher led by      XLB         57.1   +1.38%     and  XLP      58.89 +1.17%                     Lower:  3           
  XLRE crossed below 30d. SMA      -    all 11 Sectors are now below 30 sma.              
Uptrend                      
Neutral  XLU , XLB , XLRE , XLV , XLP , XLY , XLI , XLC , XLF , XLK            
Downtrend XLE                     
                      
Breath:         Weakened as decliners led    NYSE:     1337       1587    and  decliners led   Nasdaq:     1517    1586           
                      
MACD Crossover:  FISV TTWO                   
                      


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