Pause day. Vix up 5.16%

                     

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