New highs bullish. PCALL Ratio is in a dangerous zone. Hard to go long.. No entering new trades during this week???

                   

SPY Market Forecast 77.9 Short-term bullish   Pointing up            

   0.61 PCALL - 10 day SMA (0.75 - 1.00)            

   146.53   SKEW (120 - 135)              

                   

INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA              

  6-months UP                

  10-days UP                

  3-days UP                

                   

Indices                   

  IWM +3.67% ; SPY +0.92% ;  DIA +0.87% ; QQQ +0.20%       

  TLT -0.47% at 166.34              

  VIX -5.96% at 27.76              

                   

Sectors                   

  10 sectors closed higher led by  XLI +2.55%  and  XLE +2.16%    Lower =  1      

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

                   

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

Sideways XLF, XLV, XLRE, XLP, XLU                

Downtrend                  

                   

                   

Breath:                   

 Strengthened  as  Advancers led  2535   to   466 and  Nasdaq   Strengthened  as  Advancers led 2732   to   637   

                   

                   

NDX Leaders:                    

72 closing higher  and  31 closing Lower             

AAL : +16.16% ;  UAL : +14.59% ;  EXPE : +9.41%         

                   

DJIA Leaders:                    

25 closing higher  and  5 closing Lower             

BA : +4.43% ;  RTX : +4.08% ;  AXP : +2.66%         

                   

SP500 Leaders:                    

423 closing higher  and  80 closing Lower             

RCL : +21.20% ;  NCLH : +20.68% ;  CCL : +16.22%         

                   

NASDAQ 100                  

                   

Nasdaq Above 30MA    =  85                

EXPE, MAR, TCOM, SIRI, BKNG, CTSH, ALGN, WDC, ISRG, CPRT, FISV, CTAS, CERN, CDW, SGEN, PCAR, TSLA, CSX, CMCSA, DXCM, CHKP, CHTR, ILMN, MU, NTAP, DLTR, FAST, LBTYK, LULU, LBTYA, INCY, ORLY, NXPI, AMD, MNST, MXIM, XLNX, AAPL, JD, IDXX, BIIB, EXC, VRSK, VRTX, SPLK, CSCO, MCHP, BMRN, FB, TXN, QCOM, TTWO, SWKS, AMGN, CDNS, ANSS, EA, MELI, PYPL, MSFT, ADBE, GOOGL, NFLX, BIDU, COST, AVGO, GOOG, SNPS, KHC, MDLZ, GILD, AMAT, ATVI, NTES, LRCX, EBAY, REGN, PEP, NVDA, ZM, DOCU, CTXS, KLAC, AMZN, ASML

                   

Stocks to watch on  Thursday                

Nasdaq100  xsing above30   = 13                

EXPE, MAR, TCOM, SIRI, WDC, CPRT, FISV, CERN, CDW, CSX, MU, NTAP, EXC             

                   

Nasdaq100  xsing below30  = 3                

TMUS, XEL, WDAY                 

                   

                   

MACD Crossover:                 

Up   10                

EXPE, TCOM, SIRI, WDC, FOX, FOXA, CTAS, CDW, ILMN, ORLY              

                   

Down   4                

XLNX, EA, AMZN, ASML