Tough Week for the Market as Facing Global Economy Weakness due to Corona Virus

                  

Daily Chart

Weekly Chart

VIX :   Up 0.95 / +2.43%               

/CL : Down -1.08 / -2.33%               

TLT :  Up 3.43 / +2.26%               

                  

SPY Market Forecast 7.11 Short-term Bearish in the lower reversal zone - below 20  -  defensive        

  6-months Up                

  10-days Down                

  3-days Down                

                  

Indices                   

Up:    QQQ :  +0.08%                

Down:    SPY:  -0.42% ; DIA:  -1.14% ;  IWM:  -1.83%          

                   

Nasdaq Above 30MA    =  6                

NVDA, REGN, BMRN, NFLX, TMUS, GILD              

                  

Stocks to watch on  Monday                

Nasdaq100  xsing above30   = 1                

NVDA                   

                  

Nasdaq100  xsing below30  = 1                

BIIB                   

                  

NDX Leaders:   40 closing higher  and  63 closing Lower           

NVDA :  +6.92% ;  ADSK : +5.66% ;  XLNX : +5.03%         

DJIA Leaders:   7 closing higher  and  23 closing Lower           

XOM :   +3.25% ;  MSFT :   +2.42% ;  DOW :   +2.17%         

SP500 Leaders:   129 closing higher  and  375 closing Lower           

XEC :   +7.83% ;  NCLH :   +7.25% ;  NVDA :   +6.92%         

                  

Sectors  2 sectors closed higher led by XLK +0.76%  and  XLC +0.30%    Lower =  9      

  0            closing above 30d. SMA  and 11   closing below.

                  

Uptrend                  

Sideways XLF , XLP , XLU , XLI , XLC , XLK , XLI , XLRE   

Downtrend XLE , XLV , XLB             

                  

Breath:  Weakened as decliners led    NYSE:  716   to   2307 and  Nasdaq weakened as decliners led   Nasdaq:     1158   to   2190     

                  

MACD Crossover: