At support?? Markets closed a bit higher today with a sell of at the end of the day. VIX dropped to 72 (-5.82%)

                     

                     

VIX :   Up -4.45 / -5.82% at 72                

/CL : Down 2.76 / 12.06% at 25.65                

TLT :  Up 3.93 / +2.72% at 148.28                

                     

SPY Market Forecast 12.71 Short-term Bullish   Pointing a bit higher - below 20              

                     

LONG TERM UPTREND - QUESTIONED AS BROKE DIAGONAL AND HORIZONTAL RESISTANCE              

  6-months Down                   

  10-days Down                   

  3-days Down                   

                     

Indices                      

Up:    IWM:  +3.90% ;  DIA:  +0.96% ; QQQ :  +0.60% ; SPY:  +0.21%          

Down:                        

                     

Nasdaq Above 30MA    =  3                   

REGN, GILD, CTXS                    

                     

Stocks to watch on  Friday                   

Nasdaq100  xsing above30   = 0                   

                     

                     

Nasdaq100  xsing below30  = 1                   

WBA                      

                     

                     

NDX Leaders:   65 closing higher   and  38 closing Lower              

TSLA :  +18.39% ;  NXPI : +17.91% ;  AVGO : +15.83%            

DJIA Leaders:   18 closing higher   and  12 closing Lower              

MCD :   +8.89% ;  DIS :   +6.90% ;  GS :   +6.76%            

SP500 Leaders:   281 closing higher   and  225 closing Lower              

DXC :   +33.94% ;  OKE :   +33.31% ;  CPRI :   +33.24%            

                     

Sectors  7 sectors closed higher led by  XLE +6.80%  and  XLY +3.49%    Lower =  4         

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

                     

Uptrend                     

Sideways                     

Downtrend XLE , XLV , XLB , XLY , XLU , XLP , XLK , XLRE , XLF , XLI , XLC

                     

Breath: Strengthened  as  Advancers led  2309   to   723 and  Nasdaq   Strengthened  as  Advancers led 2559   to   797      

                     

MACD Crossover: 4                   

LBTYA, AMZN, ALXN, JBHT