SPY
Market Forecast 98.49 Short-term
bullish in the upper reversal zone
0.58 PCALL - 10 day SMA (0.75 - 1.00)
142.09
SKEW (120 - 135)
INTERMEDIATE
TERM: Uptrend- Price above 30 &10 Wk SMA
6-months UP
10-days UP
3-days UP
Indices
DIA +0.57%
; IWM +0.24% ; SPY +0.22% ; QQQ
-0.31%
TLT -1.70%
at 161.24
VIX +5.16%
at 24.47
Sectors
8 sectors closed higher led by XLF +1.69% and XLRE
+1.34% Lower = 3
9 closing above 30d. SMA and 2 closing below.
XLF leaders
:
JPM, AXP, WFC
XLRE leaders
:
PSA, EQIX, AMT
XLV leaders
:
ABT, AMGN, UNH
Uptrend
XLV, XLP, XLI, XLK, XLB, XLY, XLC
Sideways
XLF, XLRE, XLU, XLE
Downtrend
Breath:
NYSE Strengthened
as Advancers led 1662 to 1305 and Nasdaq
Weakened as Advancers
led 1594 to 1828
NDX Leaders:
48 closing
higher and 55 closing Lower
MAR : +4.53%
; NTAP : +4.03%
; TSLA : +3.97%
DJIA Leaders:
20 closing
higher and 10 closing Lower
WMT : +4.54%
; JPM : +3.29%
; TRV : +3.21%
SP500 Leaders:
322 closing
higher and 181 closing Lower
LYV : +8.78%
; ABT : +7.85%
; RCL : +5.98%
NASDAQ 100
Nasdaq Above
30MA = 75
MAR,
NTAP, TSLA, EXPE, CERN, MSFT, FOX, ALXN, ALGN, FOXA, TCOM, ULTA, BKNG, WDAY,
ISRG, SBUX, ROST, AMGN, CSX, ADP, PAYX, CTAS, INTU, CMCSA, CPRT, COST, FAST,
CSGP, LBTYA, PYPL, LBTYK, ANSS, DOCU, VRSK, IDXX, QCOM, ORLY, CHTR, PEP, AVGO,
BIDU, ZM, MCHP, VRSN, MXIM, MDLZ, NTES, CTSH, SPLK, TXN, ATVI, MNST, TMUS,
GOOGL, CHKP, GOOG, NVDA, NXPI, SNPS, MELI, AAPL, AMZN, ADI, EA, JD, TTWO, LULU,
ADSK, ASML, AMD, CDNS, ADBE, FB, KLAC, NFLX
Stocks
to watch on Friday
Nasdaq100 xsing above30 = 4
NTAP,
CERN, ALGN, ADP
Nasdaq100 xsing below30
= 7
PCAR,
XLNX, CTXS, KHC, SWKS, EBAY, DLTR
MACD
Crossover:
Up 4
CDW,
TCOM, CMCSA, REGN
Down 4
CHKP,
CDNS, EBAY, DLTR
SETUPS
BF : ADBE, BABA, BBY, DLTR, FB, GOOGL, HD, JD,
MCD, NKE, NVDA, PYPL, TGT, TXN, CARR, NTES, QCOM, SNPS, SPLK, VRSK
HBO : AAPL, ATVI, BIDU, CAT, CSX, IBKR, MS, NFLX,
SBUX, SHOP, SQ, TWLO, WMT, CDNS, CHTR, FAST, MCHP, MNST
2T : AMZN, TWTR, NXPI
MACD :
CHANNEL
: ADI, ADSK, AKAM, AMAT,
AMD, AXP, BA, BAC, BYND, C, CSCO, EA, EBAY, FAS, INTC, IWM, JPM, MMM, NTAP,
PEP, TAL, UNH, XLE, XLNX, ZION, ALGN, AMGN, CHKP, CTSH, CTXS, CVS, FISV, ILMN,
INCY, KHC, KLAC, MELI, MXIM, NKLA, PCAR, SWKS, TMUS, AU, DDOG, GOLD, GDXJ
BEAR : MU, TLT, BMRN, GILD, LRCX
NH : BKNG, COST, CRM, DG, DIA, MSFT, QQQ, SPY,
TSLA, V, CTAS, DE, ACN
EPS : ORCL, CPRT, DOCU, BIG, CRWD