Second day of Bull Flag

                   

SPY Market Forecast 95.4 Short-term Defensive Pointing down           

   0.62 PCALL - 10 day SMA (0.75 - 1.00)            

   124.93   SKEW (120 - 135)              

                   

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

  6-months Down                

  10-days Up                

  3-days Sideways                

                   

Indices                   

  QQQ +1.20% ; SPY -0.56% ;  DIA -1.07% ; IWM -2.72%       

  TLT +1.48% at 160.84              

  VIX 0.00% at 27.57              

                   

Sectors                   

  1 sectors closed higher led by  XLK +1.67%  and  XLV -0.16%    Lower =  10      

  11            closing above 30d. SMA  and 0   closing below.

                   

Uptrend XLK, XLC                

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

Downtrend XLI, XLF                

                   

                   

Breath:                   

 Weakened  as  Decliners led  805   to   2164 and  Nasdaq   Weakened  as  Decliners led 1214   to   2192   

                   

                   

NDX Leaders:                    

47 closing higher  and  56 closing Lower             

TSLA : +8.97% ;  IDXX : +6.23% ;  NTES : +3.77%         

                   

DJIA Leaders:                    

7 closing higher  and  23 closing Lower             

MSFT : +3.71% ;  AAPL : +2.57% ;  INTC : +1.32%         

                   

SP500 Leaders:                    

107 closing higher  and  397 closing Lower             

APTV : +8.59% ;  IDXX : +6.23% ;  CRM : +4.32%         

                   

NASDAQ 100                  

                   

Nasdaq Above 30MA    =  98                

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

                   

Stocks to watch on  Thursday                

Nasdaq100  xsing above30   = 1                

COST                   

                   

Nasdaq100  xsing below30  = 0                

                   

                   

                   

MACD Crossover:                 

Up   5                

EA, ATVI, INTU, INTC, CTXS                

                   

Down   10                

ISRG, CSX, JBHT, CSCO, EXPE, FOX, FOXA, BKNG, ULTA, HSIC