SPY Retraced to January 1st price levels giving back a -3.32% during Monday session as Coronavirus expands outside of China

                          

VIX :   Up 7.95 / +46.55%                       

/CL : Down -2.12 / -3.97%                       

TLT :  Up 2.21 / +1.49%                       

                          

SPY Market Forecast 71.06 Short-term counter-trend  Crossed below 80  -  defensive                  

  6-months Up                        

  10-days Sideways                        

  3-days Down                        

                          

Indices                           

Up:                             

Down:    IWM:  -3.01% ; SPY:  -3.32% ; DIA:  -3.51% ;  QQQ :  -3.86%               

                          

Nasdaq Above 30MA    =  28                        

REGN, GILD, XEL, VRSK, CHTR, ROST, ATVI, MDLZ, EXC, CSX, MNST, TMUS, BMRN, EBAY, INCY, COST, FAST, NFLX, DLTR, BIIB, VRTX, CTSH, AMZN, ADI, ULTA, EXPE, NVDA, TSLA

                           

Stocks to watch on  Tuesday                        

Nasdaq100  xsing above30   = 0                        

                          

                          

Nasdaq100  xsing below30  = 27                        

PAYX, PEP, ADP, LBTYK, LBTYA, PYPL, JD, CMCSA, SIRI, NTES, CERN, ADSK, INTU, LULU, INTC, CHKP, ADBE, GOOG, GOOGL, MSFT, CDNS, AMAT, ASML, LRCX, ISRG, AMD, MELI

                          

NDX Leaders:   2 closing higher  and  101 closing Lower                   

REGN :  +5.51% ;  GILD : +4.59% ;  XEL : -0.64%                 

DJIA Leaders:   0 closing higher  and  30 closing Lower                   

VZ :   -0.36% ;  TRV :   -0.77% ;  MCD :   -1.09%                 

SP500 Leaders:   13 closing higher  and  492 closing Lower                   

REGN :   +5.51% ;  GILD :   +4.59% ;  NEM :   +1.66%                 

                          

Sectors  0  sectors closed higher led by  XLU -1.17%  and  XLRE -1.34%    Lower =  11              

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

                          

Uptrend XLC ,  XLU ,  XLK , XLI , XLP , XLRE , XLI , XLV           

Sideways XLF , XLB                       

Downtrend XLE                         

                          

Breath:  Weakened as decliners led    NYSE:  295   to   2699 and  Nasdaq weakened as decliners led   Nasdaq:     454   to   2839             

                          

MACD Crossover: