Wednesday, March 04, 2020

Nice bullish move. SPY MFC is short term bullish. 24 NDX are above 30DMA with 13 Crossing



                      
VIX :   Down  -4.83 / -13.12%                   
/CL : UP    0.08 / 0.17%                   
TLT :  Down  -1.66 / -1.06%                   
                      
SPY Market Forecast 28.49 Short-term Bullish  crossing the lower reversal zone above 20             
  6-months Up                    
  10-days Down                    
  3-days Up                    
                       
Indices                       
Up:    DIA:  +4.47% ;  SPY:  +4.20% ; QQQ :  +4.17% ; IWM:  +2.85%           
Down:                         
                      
Nasdaq Above 30MA    =  24                    
VRTX, TTWO, NVDA, REGN, MNST, ATVI, ASML, COST, JD, MDLZ, CHTR, VRSK, XEL, TMUS, EBAY, EA, BMRN, ADBE, ISRG, NFLX, BIIB, INCY, GILD, TSLA
                      
Stocks to watch on  Thursday                    
Nasdaq100  xsing above30   = 13                    
VRTX, TTWO, MNST, ATVI, ASML, COST, MDLZ, CHTR, VRSK, XEL, EA, ADBE, ISRG           
                       
Nasdaq100  xsing below30  = 0                    
                      
                      
NDX Leaders:   100 closing higher  and  3 closing Lower               
VRTX :  +7.47% ;  TTWO : +7.37% ;  AMD : +7.19%             
DJIA Leaders:   30 closing higher  and  0 closing Lower               
UNH :   +10.72% ;  AXP :   +7.12% ;  PFE :   +6.12%             
SP500 Leaders:   478 closing higher  and  26 closing Lower               
ANTM :   +15.62% ;  CNC :   +15.60% ;  HUM :   +14.44%             
                      
Sectors  11 sectors closed higher led by XLV +5.76%  and  XLU +5.67%    Lower =  0          
  1            closing above 30d. SMA  and 10   closing below.    
                      
Uptrend                      
Sideways XLF , XLP , XLU , XLI , XLC , XLK , XLI , XLRE       
Downtrend XLE , XLV , XLB                 
                      
Breath: Strengthened  as  Advancers led 2556   to   424 and  Nasdaq   Strengthened  as  Advancers led 2564   to   700       
                      
MACD Crossover:                     
EBAY, EA, KLAC, KHC, ORLY, ILMN, INCY                 


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SPY touched all times high once again and reversed at close

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