SPY Moved higher in continuation of Bull Flag triggered on Tuesday. IWM led to the indices to the upside.

                   

                   

                   

SPY Market Forecast 87.7 Short-term bullish   Pointing higher           

                   

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

  6-months Down                

  10-days Up                

  3-days Up                

                   

Indices                   

  IWM +3.86% ; DIA +1.97% ;  SPY +1.65% ; QQQ +1.37%       

  TLT -1.30% at 163.98              

  VIX -11.01% at 27.98              

                   

Sectors                   

  11 sectors closed higher led by  XLE +4.56%  and  XLI +2.48%    Lower =  0      

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

                   

Uptrend XLE, XLI, XLB, XLY, XLC, XLK, XLV               

Sideways XLP, XLF, XLU, XLRE                

Downtrend                  

                   

                   

Breath:                   

 Strengthened  as  Advancers led  2479   to   488 and  Nasdaq   Strengthened  as  Advancers led 2492   to   721   

                   

                   

NDX Leaders:                    

85 closing higher  and  18 closing Lower             

UAL : +11.74% ;  WYNN : +9.22% ;  LRCX : +7.18%         

                   

DJIA Leaders:                    

30 closing higher  and  0 closing Lower             

DOW : +4.51% ;  CAT : +4.49% ;  XOM : +4.39%         

                   

SP500 Leaders:                    

452 closing higher  and  52 closing Lower             

HP : +13.51% ;  NWS : +13.29% ;  NWSA : +13.26%         

                   

NASDAQ 100                  

                   

Nasdaq Above 30MA    =  95                

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

                   

Stocks to watch on  Saturday                

Nasdaq100  xsing above30   = 7                

LRCX, EXC, WDC, CMCSA, CERN, DLTR, BIDU                

                   

Nasdaq100  xsing below30  = 0                

                   

                   

                   

MACD Crossover:                 

Up   14                

WDC, LULU, AMAT, MCHP, KLAC, JD, NTES, ULTA, NVDA, CTAS, EBAY, BIDU, ASML, CHKP            

                   

Down   1                

CTSH