All indices closed slightly lower. All sectors closed lower except for XLC.

 
                    
SPY Market Forecast 20.82 Short-term bullish    pointing up in the middle  zone          
   0.68   PCALL - 10 day SMA (0.75 - 1.00)             
   129.26   SKEW (120 - 135)               
                    
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA               
  6-months UP                 
  10-days Down                 
  3-days Down                 
                    
Indices                    
  IWM -0.45% ; QQQ -0.45% ;  SPY -0.54% ; DIA -0.54%        
  TLT +0.12% at 164.84               
  VIX +0.31% at 26.27               
                    
Sectors                    
  1 sectors closed higher led by  XLC +0.10%  and  XLU -0.03%    Lower =  10       
  0            closing above 30d. SMA  and 11   closing below.
                    
XLC leaders     :    FB, NFLX, GOOGL, GOOG              
XLU leaders     :    D, ES, AEP, WEC               
XLV leaders     :    TMO, ABT, AMGN, BMY              
                    
Uptrend XLB, XLI                 
Sideways XLC, XLU, XLV, XLK, XLRE, XLP, XLY, XLF                
Downtrend XLE                  
                    
                    
Breath:                    
NYSE Weakened  as  Decliners led  1115   to   1901 and  Nasdaq   Weakened  as  Decliners led 1657   to   1797    
                    
                    
NDX Leaders:                     
34 closing higher  and  69 closing Lower              
AMD : +2.88% ;  MU : +1.99% ;  FB : +1.94%          
                    
DJIA Leaders:                     
4 closing higher  and  26 closing Lower              
NKE : +1.63% ;  AMGN : +0.51% ;  CRM : +0.32%          
                    
SP500 Leaders:                     
129 closing higher  and  375 closing Lower              
PAYC : +4.47% ;  HAS : +3.82% ;  DXC : +3.57%          
                    
NASDAQ 100                   
                    
Nasdaq Above 30MA    =  48                 
AMD, MU, WDC, NVDA, CDW, PYPL, VRTX, NTAP, ASML, COST, AMGN, LRCX, SWKS, SGEN, WDAY, ADBE, ADP, BIIB, KLAC, CSGP, VRSK, SNPS, XLNX, FOXA, MXIM, CHTR, FOX, TXN, IDXX, ADI, CPRT, FISV, CTSH, PCAR, INTC, TSLA, PAYX, PEP, ALXN, AVGO, ALGN, QCOM, CMCSA, SBUX, CTAS, CSX, TCOM, ZM
                    
Stocks to watch on  Wednesday                 
Nasdaq100  xsing above30   = 5                 
AMD, PYPL, VRTX, NTAP, KLAC                 
                    
Nasdaq100  xsing below30  = 9                 
DOCU, CERN, INTU, TMUS, ROST, ATVI, TTWO, EBAY, BIDU               
                    
                    
MACD Crossover:                  
Up   10                 
MU, FB, NTAP, AMGN, GOOGL, GOOG, LBTYA, LBTYK, CHTR, MNST              
                    
Down   1                 
ZM                    

Turning slightly Bullish. All sectors below 30dma

 
                   
SPY Market Forecast 14.43 Short-term bullish    pointing up in the lower reversal zone        
   0.68   PCALL - 10 day SMA (0.75 - 1.00)            
   129.26   SKEW (120 - 135)              
                   
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA              
  6-months UP                
  10-days Down                
  3-days Down                
                   
Indices                   
  QQQ +2.32% ; SPY +1.62% ;  DIA +1.34% ; IWM +1.62%       
  TLT 0.00% at 165.12              
  VIX -7.47% at 26.38              
                   
Sectors                   
  10 sectors closed higher led by  XLK +2.39%  and  XLRE +1.94%    Lower =  1      
  0            closing above 30d. SMA  and 11   closing below.
                   
XLK leaders     :    NVDA, AAPL, PYPL, ADBE             
XLRE leaders     :    CCI, WELL, SBAC, PLD             
XLU leaders     :    ES, WEC, XEL, EXC              
                   
Uptrend XLI, XLB                
Sideways XLK, XLRE, XLU, XLV, XLC, XLY, XLF, XLP               
Downtrend XLE                 
                   
                   
Breath:                   
NYSE Strengthened  as  Advancers led  2167   to   851 and  Nasdaq   Strengthened  as  Advancers led 2547   to   881   
                   
                   
NDX Leaders:                    
99 closing higher  and  3 closing Lower             
TCOM : +8.65% ;  ZM : +6.78% ;  DXCM : +5.32%         
                   
DJIA Leaders:                    
25 closing higher  and  5 closing Lower             
BA : +6.83% ;  AAPL : +3.75% ;  UNH : +3.36%         
                   
SP500 Leaders:                    
430 closing higher  and  71 closing Lower             
NCLH : +13.67% ;  CCL : +9.68% ;  WRK : +8.32%         
                   
NASDAQ 100                  
                   
Nasdaq Above 30MA    =  25                
TCOM, ZM, NVDA, FISV, WDAY, IDXX, SGEN, CTAS, CSGP, WDC, PAYX, CPRT, ALXN, CDW, QCOM, CSX, ALGN, CTSH, INTC, SBUX, AVGO, CMCSA, CHTR, BIDU, MU   
                   
Stocks to watch on  Sunday                
Nasdaq100  xsing above30   = 16                
TCOM, NVDA, FISV, SNPS, IDXX, CTAS, CSGP, PAYX, CPRT, CDW, QCOM, ALGN, CTSH, INTC, SBUX, CHTR          
                   
Nasdaq100  xsing below30  = 1                
COST                   
                   
                   
MACD Crossover:                 
Up   13                
SPLK, FISV, SNPS, WDAY, PYPL, CSGP, AMZN, MSFT, SWKS, CTXS, CHKP, CDNS, BIIB            
                   
Down   0                
                   
                   
                   
SETUPS                  
BF  : MSFT, CHTR, SBAC                
HBO  : AAPL, ADBE, AMZN, NVDA, PYPL, ALGN, CDNS, CHKP, CPRT, CTAS, CTSH, FISV, IDXX, SNPS, SPLK, SWKS, TCOM, WDAY, ES, CCI, CSGP, WEC, CDW   
2T  :                  
MACD  :                  
CHANNEL  : INTC, SBUX, CTXS, QCOM, WELL, PLD, XEL, EXC, BIIB             
BEAR  :                  
NH  :                  
EPS  : PAYX