SPY Moving higher towards 300

                   

SPY Market Forecast 89.47 Short-term Bullish Pointing Higher           

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

        125.95   SKEW (120 - 135)              

                   

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

  6-months Down                

  10-days Up                

  3-days Up                

                   

Indices                   

  IWM +3.03% ; QQQ +2.00% ;  SPY +1.70% ; DIA +1.45%       

  TLT +0.30% at 164.15              

  VIX -8.32% at 27.99              

                   

Sectors                   

  11 sectors closed higher led by  XLE +3.99%  and  XLC +2.77%    Lower =  0      

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

                   

Uptrend XLC, XLK                

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

Downtrend XLF, XLI                

                   

                   

Breath:                   

 Strengthened  as  Advancers led  2361   to   586 and  Nasdaq   Strengthened  as  Advancers led 2611   to   688   

                   

                   

NDX Leaders:                    

88 closing higher  and  15 closing Lower             

ADI : +7.75% ;  ASML : +6.33% ;  FB : +6.04%         

                   

DJIA Leaders:                    

24 closing higher  and  6 closing Lower             

DIS : +4.85% ;  INTC : +4.66% ;  AXP : +3.98%         

                   

SP500 Leaders:                    

419 closing higher  and  83 closing Lower             

ARNC : +13.02% ;  MGM : +8.84% ;  NOV : +7.97%         

                   

NASDAQ 100                  

                   

Nasdaq Above 30MA    =  87                

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

                   

Stocks to watch on  Thursday                

Nasdaq100  xsing above30   = 8                

NLOK, INCY, PAYX, MU, WDC, ALXN, ULTA, EXC               

                   

Nasdaq100  xsing below30  = 1                

SIRI                   

                   

                   

MACD Crossover:                 

Up   22                

ADI, FB, WYNN, TXN, CSX, MCHP, PAYX, FISV, ADBE, JBHT, ALXN, SBUX, AVGO, CHKP, SNPS, AMZN, INTU, ROST, KHC, WBA, XEL, CERN      

                   

Down   3                

BIIB, MDLZ, NFLX