QQQ leading to the upside while IWM losses 2.71%. TSLA up 13.6%

                   

SPY Market Forecast 53.19 Short-term bullish   Pointing a higher           

                   

LONG TERM DOWNTREND - Crossing above 30 DMA               

  6-months Down                

  10-days Up                

  3-days UP                

                   

Indices                   

  QQQ +1.08% ; SPY -0.91% ;  DIA -1.34% ; IWM -2.71%       

                   

                   

Nasdaq Above 30MA    =  88                

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

                   

Stocks to watch on  Tuesday                

Nasdaq100  xsing above30   = 7                

MYL, ALGN, TSLA, NTAP, EXC, BKNG, ADBE                

                   

Nasdaq100  xsing below30  = 2                

DLTR, VRSK                  

                   

NDX Leaders:                    

49 closing higher  and  53 closing Lower             

TSLA :  +13.60% ;  NFLX : +7.01% ;  AMZN : +6.17%         

                   

DJIA Leaders:                    

8 closing higher  and  22 closing Lower             

WMT :   +2.87% ;  INTC :   +2.73% ;  AAPL :   +1.96%         

                   

SP500 Leaders:                    

97 closing higher  and  406 closing Lower             

NFLX :   +7.01% ;  MRO :   +6.55% ;  AMZN :   +6.17%         

                   

Sectors                   

  4 sectors closed higher led by  XLK +0.22%  and  XLC +0.15%    Lower =  17      

  10            closing above 30d. SMA  and 1   closing below.

                   

Uptrend XLK, XLP, XLV, XLB, XLU                

Sideways XLC, XLY, XLRE                

Downtrend XLE, XLI, XLF                

                   

Breath:                   

 Weakened  as  Decliners led  752   to   2215 and  Nasdaq   Weakened  as  Decliners led 1282   to   2001   

                   

MACD Crossover:                 

Up   0                

                   

                   

Down   0