Moving higher towards the gap. GLD keeps moving higher

                      

SPY Market Forecast 95.15 Short-term bullish   Pointing up in the upper reversal zone           

   0.63   PCALL - 10 day SMA (0.75 - 1.00)               

   141.77   SKEW (120 - 135)                 

                      

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

  6-months UP                   

  10-days UP                   

  3-days UP                   

                      

Indices                      

  IWM +0.69% ; DIA +0.63% ;  SPY +0.39% ; QQQ +0.37%          

  TLT +0.95% at 171.57                 

  VIX -2.14% at 23.76                 

                      

Sectors                      

  9 sectors closed higher led by  XLE +2.43%  and  XLRE +1.49%    Lower =  2         

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

                      

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

Sideways XLE, XLRE, XLU, XLI, XLF                   

Downtrend                     

                      

                      

Breath:                      

 Strengthened  as  Advancers led  1903   to   1083 and  Nasdaq   Strengthened  as  Advancers led 2078   to   1310      

                      

                      

NDX Leaders:                       

65 closing higher  and  38 closing Lower                

AMD : +9.49% ;  TTWO : +5.87% ;  BIDU : +5.08%            

                      

DJIA Leaders:                       

20 closing higher  and  9 closing Lower                

DOW : +3.07% ;  XOM : +2.89% ;  MCD : +2.55%            

                      

SP500 Leaders:                       

304 closing higher  and  199 closing Lower                

MOS : +13.52% ;  AMD : +9.49% ;  WMB : +8.22%            

                      

NASDAQ 100                     

                      

Nasdaq Above 30MA    =  79                   

AMD, TTWO, BIDU, CPRT, COST, EA, MCHP, NTES, TXN, AVGO, NFLX, EXC, NVDA, WDC, ATVI, MU, CDW, FOX, CHTR, XEL, NXPI, DLTR, TMUS, XLNX, QCOM, FOXA, VRSN, CSCO, CTAS, LRCX, AMZN, SIRI, KHC, CHKP, CMCSA, AAPL, DOCU, CSX, ROST, PEP, REGN, MXIM, VRSK, LBTYA, LBTYK, MNST, ADSK, MDLZ, FAST, TSLA, PYPL, MELI, JD, LULU, CTSH, ORLY, ADBE, AMAT, ZM, INTU, TCOM, DXCM, EBAY, IDXX, SNPS, SBUX, CSGP, BIIB, ISRG, PCAR, FB, FISV, ILMN, SWKS, KLAC, MSFT, SPLK, ANSS, CDNS

                      

Stocks to watch on  Wednesday                   

Nasdaq100  xsing above30   = 1                   

BIDU                      

                      

Nasdaq100  xsing below30  = 0                   

                      

                      

                      

MACD Crossover:                    

Up   9                   

BIDU, COST, MCHP, NTES, NFLX, WDC, CDW, REGN, ALXN                 

                      

Down   3                   

CTAS, MDLZ, SBUX                    

                      

                      

SETUPS                     

BF  : AAPL, BBY, FB, MSFT, PYPL, TAL, TWLO, XLNX, CDNS, CTSH, FAST, IDXX, LRCX, QCOM, SWKS, VRSK           

HBO  : ADI, CRM, CSX, DG, EBAY, IBKR, IWM, NFLX, ORCL, SHOP, SPY, TLT, TXN, CARR, CHKP, CTAS, DE, KHC, MCHP, MXIM, NXPI, PCAR, SNPS, SPLK, BIG, CRWD, GDXJ    

2T  : CPRT                    

MACD  :                     

CHANNEL  : ADBE, ADSK, AKAM, AMZN, AXP, BA, BAC, BYND, C, CAT, DIA, DLTR, FAS, GOOGL, INTC, JPM, MCD, MMM, MS, MU, NKE, NTAP, PEP, SBUX, TSLA, TWTR, UNH, V, XLE, ALGN, AMGN, BLK, BMRN, CTXS, GILD, INCY, KLAC

BEAR  : NKLA                    

NH  : AMD, ATVI, COST, EA, NVDA, QQQ, TGT, CHTR, DOCU, MNST               

EPS  : AMAT, BABA, BIDU, BKNG, CSCO, HD, JD, SQ, WMT, CVS, FISV, ILMN, MELI, NTES, TMUS, AU, DDOG, GOLD