IWM Leading the "BOUNCE" to close at 116.81 (+6.22%), all Sectors closing higher -- BE CAREFUL --- too fast too soon??

                     

VIX :   Up -2.95 / -4.61% at 61                

/CL : Down -1.13 / -4.65% at 23.18                

TLT :  Up 0.8 / +0.49% at 163.34                

                     

SPY Market Forecast 16.86 Short-term  Bullish Pointing a bit higher - below 20              

                     

LONG TERM DOWNTREND.                   

  6-months Down                   

  10-days Sideways                   

  3-days UP                   

                     

Indices                      

Up:    IWM:  +6.22% ; DIA:  +6.14% ; SPY:  +5.84% ;  QQQ :  +5.27%          

Down:                        

                     

Nasdaq Above 30MA    =  16                   

ILMN, CDNS, KLAC, CTXS, CSCO, XLNX, AMD, GILD, NFLX, ASML, REGN, TTWO, NVDA, NLOK, AMZN, JD       

                     

Stocks to watch on  Friday                   

Nasdaq100  xsing above30   = 14                   

ILMN, CDNS, KLAC, CSCO, XLNX, AMD, GILD, NFLX, ASML, REGN, TTWO, NVDA, NLOK, AMZN         

                     

Nasdaq100  xsing below30  = 0                   

                     

                     

                     

NDX Leaders:   95 closing higher   and  8 closing Lower              

NTAP :  +12.63% ;  ADP : +11.80% ;  AVGO : +11.78%            

DJIA Leaders:   29 closing higher   and  1 closing Lower              

BA :   +13.75% ;  CVX :   +10.26% ;  WBA :   +10.21%            

SP500 Leaders:   474 closing higher   and  32 closing Lower              

COTY :   +24.16% ;  SYY :   +17.15% ;  CFG :   +17.00%            

                      

Sectors  11 sectors closed higher led by  XLU +8.52%  and  XLRE +7.68%    Lower =  0         

  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  2650   to   368 and  Nasdaq   Strengthened  as  Advancers led 2775   to   581      

                     

MACD Crossover: 20                   

ADP, EA, CMCSA, QCOM, ORLY, PAYX, ATVI, MNST, IDXX, HSIC, BIIB, PEP, FAST, MDLZ, VRSK, CERN, TTWO, INCY, SIRI, CTAS