SPY moving sideways on bullish MFC Short Term sentiment maybe forming a bull flag.

SPY Market Forecast 63.54 Short-term bullish   Pointing a higher           

                   

LONG TERM SIDEWAYS - Crossing above 30 DMA               

  6-months Down                

  10-days Up                

  3-days Sideways                

                   

Indices                   

  QQQ +1.82% ; SPY +0.48% ;  DIA +0.11% ; IWM -0.76%       

                   

                   

Nasdaq Above 30MA    =  97                

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

                   

Stocks to watch on  Friday                

Nasdaq100  xsing above30   = 3                

FISV, NXPI, NTAP                 

                   

Nasdaq100  xsing below30  = 1                

WDC                   

                   

NDX Leaders:                    

78 closing higher  and  24 closing Lower             

JD :  +6.50% ;  XLNX : +6.48% ;  REGN : +5.52%         

                   

DJIA Leaders:                    

14 closing higher  and  16 closing Lower             

UNH :   +5.95% ;  INTC :   +3.26% ;  MSFT :   +3.00%         

                   

SP500 Leaders:                    

237 closing higher  and  267 closing Lower             

ANTM :   +8.53% ;  CI :   +6.98% ;  HUM :   +6.72%         

                   

Sectors                   

  6 sectors closed higher led by  XLV +2.18%  and  XLK +1.22%    Lower =  5      

  9            closing above 30d. SMA  and 2   closing below.

                   

Uptrend XLV, XLK, XLP, XLU, XLB                

Sideways XLY, XLC, XLRE                

Downtrend XLI, XLF, XLE                

                   

Breath:                   

 Weakened  as  Decliners led  1105   to   1864 and  Nasdaq   Weakened  as  Decliners led 1455   to   1786   

                   

MACD Crossover:                 

Up   0                

                   

                   

Down   0