SPY moved down to test the breakout at 287.3 in a first day of a bull flag

                    

                    

SPY Market Forecast 95.26 Short-term bullish   Pointing a higher            

                    

INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA              

  6-months Down                 

  10-days Up                 

  3-days Up                 

                    

Indices                    

  QQQ -0.04% ; SPY -0.93% ;  DIA -1.31% ; IWM -3.80%        

  TLT -1.17% at 166.74               

  VIX +9.35% at 34.15               

                    

Sectors                    

  0 sectors closed higher led by  XLC -0.44%  and  XLK -0.45%    Lower =  11       

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

                    

Uptrend XLC, XLK, XLV, XLY, XLP                 

Sideways XLRE, XLI, XLE, XLU, XLB                 

Downtrend XLF                  

                    

                    

Breath:                    

 Weakened  as  Decliners led  793   to   2159 and  Nasdaq   Weakened  as  Decliners led 907   to   2399    

                    

                    

NDX Leaders:                     

26 closing higher  and  77 closing Lower              

FB : +5.42% ;  AMZN : +4.27% ;  CTXS : +3.59%          

                    

DJIA Leaders:                     

6 closing higher  and  24 closing Lower              

AAPL : +2.11% ;  UNH : +1.68% ;  BA : +1.45%          

                    

SP500 Leaders:                     

68 closing higher  and  435 closing Lower              

ABMD : +12.98% ;  NOW : +9.18% ;  NLSN : +5.52%          

                    

NASDAQ 100                   

                    

Nasdaq Above 30MA    =  101                 

FB, AMZN, CTXS, LBTYA, AAPL, EBAY, NFLX, REGN, IDXX, INCY, WLTW, LBTYK, AMGN, EA, ADBE, BIDU, GILD, MSFT, MDLZ, ADP, GOOG, ILMN, GOOGL, CHKP, CHTR, VRTX, NLOK, TTWO, VRSK, SIRI, SBUX, QCOM, ADSK, PYPL, PCAR, MNST, WDAY, SNPS, TCOM, KHC, PEP, VRSN, ALXN, HAS, CDNS, ORLY, INTU, COST, FAST, DLTR, AVGO, FISV, ATVI, TMUS, ISRG, PAYX, CTSH, NVDA, SWKS, CSCO, CERN, TSLA, XEL, AMD, NTES, NTAP, ALGN, BKNG, TXN, JD, CSX, BMRN, INTC, MELI, MYL, EXC, ADI, WDC, CMCSA, ULTA, LULU, MU, WYNN, CTAS, HSIC, MXIM, JBHT, XLNX, AAL, MCHP, ASML, EXPE, UAL, MAR, ROST, KLAC, NXPI, FOX, AMAT, FOXA, LRCX

                    

Stocks to watch on  Friday                 

Nasdaq100  xsing above30   = 1                 

CTXS                    

                    

Nasdaq100  xsing below30  = 1                 

WBA                    

                    

                    

MACD Crossover:                  

Up   1                 

IDXX                    

                    

Down   9                 

ALXN, NVDA, CSCO, CERN, MELI, JBHT, ASML, AMAT, LRCX               

                    

                    

Market keeps moving higher meeting resistance at 38.2% fib level

                           

                           

                           

SPY Market Forecast 94 Short-term bullish   Pointing a higher                   

                           

INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA                     

  6-months Down                        

  10-days Up                        

  3-days Up                        

                           

Indices                           

  IWM +4.92% ; QQQ +3.55% ;  SPY +2.62% ; DIA +2.22%               

  TLT -0.52% at 168.71                      

  VIX -6.97% at 31.23                      

                           

Sectors                           

  9 sectors closed higher led by  XLE +7.41%  and  XLC +4.84%    Lower =  2              

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

                           

Uptrend XLC, XLK, XLY, XLV, XLP                        

Sideways XLE, XLB, XLI, XLRE, XLU                        

Downtrend XLF                         

                           

                           

Breath:                           

 Strengthened  as  Advancers led  2628   to   365 and  Nasdaq   Strengthened  as  Advancers led 2676   to   616           

                           

                           

NDX Leaders:                            

87 closing higher  and  16 closing Lower                     

AAL : +12.17% ;  UAL : +12.10% ;  MU : +9.98%                 

                           

DJIA Leaders:                            

24 closing higher  and  6 closing Lower                     

AXP : +8.99% ;  V : +6.15% ;  BA : +5.86%                 

                           

SP500 Leaders:                            

399 closing higher  and  104 closing Lower                     

NCLH : +25.36% ;  NBL : +23.31% ;  APA : +22.31%                 

                           

NASDAQ 100                          

                           

Nasdaq Above 30MA    =  101                        

AAL, UAL, MU, MAR, GOOGL, GOOG, NXPI, ALGN, WYNN, AMAT, LRCX, WDC, XLNX, WDAY, PYPL, NTAP, FB, ADSK, TCOM, CTAS, KLAC, GILD, BKNG, MCHP, SWKS, MYL, ADI, INTC, FISV, QCOM, ROST, CTSH, ADBE, FOXA, TXN, CDNS, MSFT, MXIM, AVGO, ASML, EXPE, TSLA, SNPS, FOX, LULU, ULTA, MNST, AAPL, ISRG, IDXX, HSIC, SIRI, INTU, BIDU, AMZN, NVDA, CMCSA, LBTYK, LBTYA, CSCO, NFLX, ADP, CSX, PAYX, JD, ORLY, WBA, TMUS, NLOK, ATVI, ALXN, EA, EXC, ILMN, VRSK, COST, MELI, PCAR, TTWO, KHC, CHKP, JBHT, BMRN, WLTW, VRSN, DLTR, NTES, EBAY, MDLZ, CHTR, FAST, AMGN, CERN, XEL, INCY, PEP, VRTX, SBUX, REGN, AMD, HAS

                           

Stocks to watch on  Thursday                        

Nasdaq100  xsing above30   = 3                        

AAL, UAL, BIDU                          

                           

Nasdaq100  xsing below30  = 1                        

CTXS                           

                           

                           

MACD Crossover:                         

Up   9                        

GOOGL, GOOG, AMAT, LRCX, GILD, ASML, SNPS, MNST, AAPL                      

                           

Down   3                        

AMGN, XEL, HAS