Wednesday, March 11, 2020

And moving down once again. All sectors and indices down led by IWM -6.63%, VIX up 13.95%. Bearish-Bears in control


                  
                  
VIX :   Down 6.6 / +13.95%               
/CL : Down 2.88 / 9.52%               
TLT :  Down -5.98 / -3.68%               
                  
SPY Market Forecast 16.6 Short-term Bearish Pointing lower - below 20            
  6-months Down                
  10-days Down                
  3-days Down                
                  
Indices                   
Up:                     
Down:    IWM:  -6.36% ;  DIA:  -5.84% ; SPY:  -4.87% ; QQQ :  -4.36%       
                  
Nasdaq Above 30MA    =  4                
GILD, TTWO, JD, REGN                
                  
Stocks to watch on  Thursday                
Nasdaq100  xsing above30   = 0                
                  
                  
Nasdaq100  xsing below30  = 2                
ORLY, DLTR                  
                  
                  
NDX Leaders:   6 closing higher   and  97 closing Lower           
GILD :  +1.88% ;  TMUS : +1.73% ;  AMD : +0.71%         
DJIA Leaders:   0 closing higher   and  30 closing Lower           
UNH :   -0.79% ;  CVX :   -2.29% ;  KO :   -2.70%         
SP500 Leaders:   9 closing higher   and  496 closing Lower           
DLR :   +1.90% ;  GILD :   +1.88% ;  TMUS :   +1.73%         
                  
Sectors  0 sectors closed higher led by  XLV -3.82%  and  XLC -4.30%    Lower =  11      
  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  169   to   2857 and  Nasdaq   Weakened  as  Decliners led 375   to   2958   
                  
MACD Crossover:                 
                  
                  


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