Moving up to fill the gap

                   

SPY Market Forecast 91.18 Short-term bullish   Pointing up in the upper reversal zone        

   0.63   PCALL - 10 day SMA (0.75 - 1.00)            

   141.56   SKEW (120 - 135)              

                   

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

  6-months Sideways                

  10-days Sideways                

  3-days UP                

                   

Indices                   

  IWM +1.63% ; QQQ +1.35% ;  DIA +0.90% ; SPY +0.70%       

  TLT -0.61% at 169.95              

  VIX -0.74% at 24.28              

                   

Sectors                   

  6 sectors closed higher led by  XLK +2.46%  and  XLV +1.03%    Lower =  5      

  10            closing above 30d. SMA  and 1   closing below.

                   

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

Sideways XLI, XLE, XLF, XLU, XLRE                

Downtrend                  

                   

                   

Breath:                   

 Strengthened  as  Advancers led  1912   to   1089 and  Nasdaq   Strengthened  as  Advancers led 2462   to   1004   

                   

                   

NDX Leaders:                    

71 closing higher  and  31 closing Lower             

MSFT : +5.62% ;  ZM : +5.55% ;  DOCU : +4.36%         

                   

DJIA Leaders:                    

20 closing higher  and  10 closing Lower             

MSFT : +5.62% ;  MRK : +2.87% ;  BA : +2.70%         

                   

SP500 Leaders:                    

284 closing higher  and  219 closing Lower             

VAR : +22.04% ;  MCK : +6.49% ;  CAH : +6.26%         

                   

NASDAQ 100                  

                   

Nasdaq Above 30MA    =  78                

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

                   

Stocks to watch on  Tuesday                

Nasdaq100  xsing above30   = 8                

ZM, MCHP, FOXA, FOX, TXN, ADSK, DLTR, MU               

                   

Nasdaq100  xsing below30  = 2                

ALGN, NTAP                  

                   

                   

MACD Crossover:                 

Up   9                

MSFT, ZM, KLAC, NVDA, TCOM, SNPS, ADBE, EA, CSCO               

                   

Down   4                

ISRG, LBTYK, PEP, EXC                 

                   

                   

SETUPS                  

BF  : AMD, FB, TLT, WMT, XLNX, CTSH, DE, IDXX, KHC, GDXJ             

HBO  : ADBE, COST, HD, IBKR, IWM, NFLX, QQQ, SHOP, BLK, CHTR, MXIM, PCAR, SNPS, CRWD          

2T  : CRM, CPRT                

MACD  :                  

CHANNEL  : ADI, ADSK, AKAM, AMZN, AXP, BAC, C, CAT, CSX, DG, DIA, DLTR, EBAY, FAS, GOOGL, INTC, JPM, MCD, MMM, MS, MU, NKE, NTAP, ORCL, PEP, SBUX, TSLA, TWTR, TXN, UNH, V, XLE, ALGN, AMGN, CHKP, CTAS, CTXS, GILD, NXPI, BIG

BEAR  : BA                 

NH  : AAPL, BBY, EA, MSFT, NVDA, PYPL, SPY, TAL, TGT, CARR, CDNS, DOCU, FAST, LRCX, QCOM, SPLK, SWKS, VRSK       

EPS  : AMAT, ATVI, BABA, BIDU, BKNG, BYND, CSCO, JD, SQ, TWLO, BMRN, CVS, FISV, ILMN, INCY, KLAC, MCHP, MELI, MNST, NKLA, NTES, TMUS, AU, DDOG, GOLD