QQQ leading the move to the upside. IWM almost flat lagging. Seems that GLD is ready to break up

                    

SPY Market Forecast 91.66 Short-term bullish   Pointing up             

   0.59 PCALL - 10 day SMA (0.75 - 1.00)             

   140.81   SKEW (120 - 135)               

                    

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

  6-months UP                 

  10-days UP                 

  3-days UP                 

                    

Indices                    

  QQQ +2.84% ; SPY +0.81% ;  DIA +0.03% ; IWM -0.43%        

  TLT +0.25% at 167.19               

  VIX -4.75% at 24.46               

                    

Sectors                    

  3 sectors closed higher led by  XLK +2.56%  and  XLY +1.60%    Lower =  8       

  9            closing above 30d. SMA  and 2   closing below.

                    

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

Sideways XLF, XLRE, XLU, XLE                 

Downtrend                   

                    

                    

Breath:                    

 Weakened  as  Decliners led  1277   to   1692 and  Nasdaq   Strengthened  as  Decliners led 1755   to   1596    

                    

                    

NDX Leaders:                     

74 closing higher  and  29 closing Lower              

TSLA : +9.47% ;  AMZN : +7.93% ;  CTXS : +7.64%          

                    

DJIA Leaders:                     

10 closing higher  and  20 closing Lower              

MSFT : +4.30% ;  AAPL : +2.11% ;  INTC : +1.92%          

                    

SP500 Leaders:                     

176 closing higher  and  326 closing Lower              

AMZN : +7.93% ;  CTXS : +7.64% ;  NOW : +6.51%          

                    

NASDAQ 100                   

                    

Nasdaq Above 30MA    =  91                 

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

                    

Stocks to watch on  Tuesday                 

Nasdaq100  xsing above30   = 5                 

WDAY, VRSN, MU, INTU, WDC                 

                    

Nasdaq100  xsing below30  = 0                 

                    

                    

                    

MACD Crossover:                  

Up   11                 

MU, CDNS, VRTX, TTWO, ANSS, XLNX, REGN, FAST, FB, AMGN, ADP              

                    

Down   1                 

PEP