Saturday, March 07, 2020

SPY made a higher low bouncing from 290.23 | IWM biggest looser with 1.98% and closing higher in the intraday. OIL lost almost 10% (-4.33) to close at 41.57


                  
                  
VIX :   Up 2.32 / +5.86%               
/CL :   Down -4.44 / -9.65%               
TLT :  Up 8.25 / +5.20%               
                  
SPY Market Forecast  35.26  Short-term Bullish   Pointing a bit higher - above 20            
  6-months Up                
  10-days Down                
  3-days  Down               
                  
Indices                   
Up:                     
Down:    IWM:  -1.98% ; QQQ :  -1.69% ; SPY:  -1.65% ;  DIA:  -1.00%       
                  
Nasdaq Above 30MA    =  10                
GILD, XEL, REGN, TTWO, BIIB, NFLX, COST, BMRN, NVDA, JD          
                  
Stocks to watch on  Sunday                
Nasdaq100  xsing above30   = 1                
TTWO                   
                  
Nasdaq100  xsing below30  = 7                
NTES, VRTX, TMUS, EBAY, EA, ATVI, INCY             
                  
NDX Leaders:   18 closing higher  and  85 closing Lower           
GILD :  +5.37% ;  WBA : +3.55% ;  DLTR : +2.88%         
DJIA Leaders:   12 closing higher  and  18 closing Lower           
WBA :   +3.55% ;  MMM :   +1.48% ;  DIS :   +1.13%         
SP500 Leaders:   85 closing higher  and  421 closing Lower           
COG :   +9.72% ;  GILD :   +5.37% ;  ALK :   +4.03%         
                  
Sectors  0 sectors closed higher led by XLV -0.53%  and  XLP -0.79%    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 540   to   2461 and  Nasdaq   Weakened  as  Decliners led 686   to   2605   
                   
MACD Crossover:                 
ORLY, XEL, CERN, VRSK, WLTW, NTES, MNST             
                  


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