Tuesday, September 03, 2019

Guess what!! Another day within the range. All major indices closed lower today, led by IWM (-1.46%) in the lower side of the band close to support - Will it break it???


VIX :    19.66 +3.58%                                  
/CL :    53.93 -2.23%                                  
TLT :   147.21 -0.05%                                  
                                    
SPY Market Forecast   41.86 Short-term Bullish    and pointing up and in the neutral zone                         
  6-months Sideways                                 
  10-days Sideways                                 
  3-days Sideways                                 
                                   
Indices                                    
Up:                                      
Down:    IWM:  -1.46% ;  DIA:  -1.03% ;   QQQ :  -0.97% ;  SPY:  -0.58%                        
                                   
Nasdaq Above 30MA    =  37                                 
XEL , KLAC , NTES , EA , LRCX , ATVI , MDLZ , CHTR , PEP , DLTR , WDC , SBUX , VRSK , CELG , ORLY , LBTYA , SIRI , TTWO , MU , VRTX , CMCSA , COST , ROST , MYL , FISV , SYMC , ASML , WLTW , BKNG , IDXX , JBHT , INTU , AMGN , ADP , SNPS , NVDA , QCOM
                                   
Stocks to watch on  Saturday                                 
Nasdaq100  xsing above30   = 0                                 
                                   
                                   
Nasdaq100  xsing below30  = 14                                 
LBTYK , AMAT , CSX , MSFT , AAPL , CTAS , TXN , GOOG , GOOGL , LULU , NXPI , FAST , ISRG , JD                       
                                   
NDX Leaders:   19 closing higher  and  83 closing Lower                            
KHC :  +2.12% ;  XEL : +2.04% ;  KLAC : +1.37%                          
DJIA Leaders:   9 closing higher  and  21 closing Lower                            
PFE :   +1.60% ;  PG :   +0.94% ;  KO :   +0.47%                          
SP100 Leaders:   31 closing higher  and  69 closing Lower                            
NEE :   +2.96% ;  SO :   +2.59% ;  KHC :   +2.12%                          
                                   
Sectors  Only three sectors closed higher led by XLU +1.77%  and  XLRE +1.43%    Lower =  8                       
  XLY, XLRE, XLU, XLP  closing above 30d. SMA  and  7 Sectors are below.                           
Uptrend XLRE ,  XLP ,  XLU , XLK                            
Sideways XLY ,  XLB ,  XLV ,  XLF , XLI , XLC                        
Downtrend XLE                                  
                                   
Breath:  Weakened  as decliners led    NYSE:  1135   to   1824 and  declieners led   Nasdaq:     859   to   2286                      
                                   
MACD Crossover: WDC                                 


No comments:

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)       ...