Bull Flag - Bull Flag - Bull Flag... Let's see tomorrow.

                   

SPY Market Forecast 99.47 Short-term bullish   Pointing up in the upper reversal zone        

   0.58   PCALL - 10 day SMA (0.75 - 1.00)            

   137.5   SKEW (120 - 135)              

                   

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

  6-months UP                

  10-days UP                

  3-days UP                

                   

Indices                   

  DIA +1.28% ; IWM +1.04% ;  SPY +0.30% ; QQQ -0.43%       

  TLT -0.45% at 169.12              

  VIX -0.36% at 22.13              

                   

Sectors                   

  6 sectors closed higher led by  XLE +3.09%  and  XLI +2.46%    Lower =  5      

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

                   

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

Sideways XLE, XLF, XLU, XLRE                

Downtrend                  

                   

                   

Breath:                   

 Strengthened  as  Advancers led  2171   to   826 and  Nasdaq   Strengthened  as  Advancers led 2071   to   1315   

                   

                   

NDX Leaders:                    

41 closing higher  and  62 closing Lower             

ULTA : +7.47% ;  MAR : +3.57% ;  ROST : +3.43%         

                   

DJIA Leaders:                    

23 closing higher  and  7 closing Lower             

BA : +5.52% ;  CAT : +5.26% ;  DOW : +5.09%         

                   

SP500 Leaders:                    

345 closing higher  and  159 closing Lower             

MGM : +13.77% ;  RCL : +10.00% ;  WYNN : +9.96%         

                   

NASDAQ 100                  

                   

Nasdaq Above 30MA    =  65                

ULTA, MAR, NTAP, ROST, WBA, EXPE, CERN, AMAT, SBUX, TCOM, CTAS, CSX, AAPL, PCAR, TXN, DLTR, PAYX, LRCX, TMUS, BKNG, CHKP, LULU, CSCO, NXPI, SIRI, CMCSA, AVGO, MXIM, XEL, CSGP, KLAC, CHTR, BIDU, TTWO, MDLZ, ATVI, COST, NVDA, CPRT, ISRG, CTSH, PEP, SWKS, AMZN, VRSK, ORLY, XLNX, ALGN, FAST, ANSS, IDXX, CDNS, ADBE, MNST, EXC, INTU, QCOM, KHC, BIIB, MSFT, FB, EA, PYPL, AMD, MELI

                   

Stocks to watch on  Tuesday                

Nasdaq100  xsing above30   = 3                

NTAP, EXPE, CERN                 

                   

Nasdaq100  xsing below30  = 7                

SNPS, VRSN, NTES, TSLA, DOCU, FISV, DXCM                

                   

                   

MACD Crossover:                 

Up   8                

NTAP, EXPE, INTC, SBUX, CTAS, PCAR, DLTR, ADP               

                   

Down   11                

ATVI, AMZN, VRSK, ANSS, ADSK, VRSN, NTES, NFLX, ZM, FISV, DXCM             

                   

                   

SETUPS                  

BF  : AAPL, AMD, ATVI, COST, CRM, EA, FB, MCD, PYPL, QQQ, SQ, TAL, TWLO, CDNS, CHTR, CTSH, DOCU, IDXX, LRCX, MNST, QCOM, TMUS, VRSK, GOLD, GDXJ, ACN  

HBO  : BKNG, CSX, DG, DLTR, GOOGL, JPM, MS, PEP, SBUX, SPY, TLT, TWTR, TXN, V, XLE, ZION, BLK, CHKP, CVS, FISV, ILMN, KHC, KLAC, MXIM, NXPI, SWKS   

2T  : BAC, DIA, IWM, CPRT, NKLA                

MACD  :                  

CHANNEL  : ADBE, ADSK, AKAM, AMZN, AXP, BA, BYND, C, EBAY, FAS, IBKR, INTC, MMM, MSFT, MU, NFLX, NTAP, ORCL, SHOP, TSLA, XLNX, ALGN, AMGN, BMRN, CTXS, INCY, MCHP, MELI, SPLK, DDOG, CRWD

BEAR  : GILD                 

NH  : BBY, CAT, NKE, UNH, CARR, CTAS, FAST, PCAR, BIG             

EPS  : ADI, AMAT, BABA, BIDU, CSCO, HD, JD, NVDA, TGT, WMT, DE, NTES, SNPS, AU