SPY closed at 274.03, above 30 DMA and just below 50% retracement (278 area)

                      

                     

VIX :   Up -3.35 / -7.17% at 43.35                

/CL : Up 1.92 / 7.91% at 26.18                

TLT :  Up -1.21 / -0.73% at 165.09                

                     

SPY Market Forecast 39.31 Short-term bullish   Pointing higher - above 20              

                     

LONG TERM DOWNTREND - Crossing above 30 DMA                  

  6-months Down                   

  10-days Up                   

  3-days UP                   

                      

Indices                      

Up:    IWM:  +4.56% ; DIA:  +3.41% ;  SPY:  +3.36% ; QQQ :  +2.12%          

Down:                        

                     

Nasdaq Above 30MA    =  82                   

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

                     

Stocks to watch on  Thursday                   

Nasdaq100  xsing above30   = 28                   

MCHP, AMAT, WDAY, CTSH, ADSK, ULTA, LBTYK, XEL, LBTYA, WDC, BIIB, ROST, PYPL, EBAY, FISV, DLTR, MELI, FOX, CERN, FOXA, MNST, INTU, AAPL, GOOGL, GOOG, CMCSA, FAST, ADP   

                     

Nasdaq100  xsing below30  = 0                   

                     

                      

                     

NDX Leaders:   94 closing higher   and  9 closing Lower              

WYNN :  +13.51% ;  UAL : +12.38% ;  MAR : +11.80%            

                     

DJIA Leaders:   28 closing higher   and  2 closing Lower              

RTX :   +8.41% ;  UNH :   +7.98% ;  DOW :   +7.61%            

                     

SP500 Leaders:   483 closing higher   and  21 closing Lower              

ARNC :   +37.40% ;  APA :   +16.26% ;  WELL :   +16.19%            

                     

Sectors                      

  11 sectors closed higher led by  XLRE +7.51%  and  XLE +6.67%    Lower =  0         

  10            closing above 30 SMA  and 1   closing below.   

                     

Uptrend                     

Sideways                     

Downtrend XLE , XLV , XLB , XLY , XLU , XLP , XLK , XLRE , XLF , XLI , XLC

                     

Breath:                      

 Strengthened  as  Advancers led  2673   to   324 and  Nasdaq   Strengthened  as  Advancers led 2779   to   551      

                     

MACD Crossover:                    

Up   1                   

WBA                      

                     

Down   1                   

GILD