Markets continues the move within the Channel. QQQ in a Bull Flag 1st day setup.

                   

                   

SPY Market Forecast 91.52 Short-term bullish   Pointing Higher           

   0.75 PCALL - 10 day SMA (0.75 - 1.00)  ; bearish sign         

   124.53   SKEW (120 - 135)              

                   

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

  6-months Down                

  10-days Up                

  3-days Up                

                   

Indices                   

  IWM +0.18% ; DIA -0.29% ;  SPY -0.69% ; QQQ -1.09%       

  TLT +0.25% at 164.56              

  VIX +5.50% at 29.53              

                   

Sectors                   

  2 sectors closed higher led by  XLY +0.36%  and  XLI +0.24%    Lower =  9      

  8            closing above 30d. SMA  and 3   closing below.

                   

Uptrend XLC, XLK                

Sideways XLY, XLRE, XLV, XLB, XLU, XLP, XLE               

Downtrend XLI, XLF                

                   

                   

Breath:                   

 Strengthened  as  Advancers led  1542   to   1394 and  Nasdaq   Weakened  as  Advancers led 1323   to   1914   

                   

                   

NDX Leaders:                    

19 closing higher  and  84 closing Lower             

ROST : +6.58% ;  ULTA : +4.35% ;  UAL : +3.73%         

                   

DJIA Leaders:                    

6 closing higher  and  24 closing Lower             

BA : +4.26% ;  RTX : +3.98% ;  TRV : +3.80%         

                   

SP500 Leaders:                    

151 closing higher  and  349 closing Lower             

LB : +18.25% ;  GPS : +11.58% ;  NCLH : +9.78%         

                   

NASDAQ 100                  

                   

Nasdaq Above 30MA    =  82                

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

                   

Stocks to watch on  Friday                

Nasdaq100  xsing above30   = 0                

                   

                   

Nasdaq100  xsing below30  = 5                

EXC, MYL, ALXN, MU, NLOK                

                   

                   

MACD Crossover:                 

Up   0                

                   

                   

Down   6                

VRTX, INTU, KHC, ALXN, TMUS, MCHP