Bottom?

 

                    

SPY Market Forecast 19.78 Short-term bearish  pointing DOWN in the lower reversal zone         

   0.67   PCALL - 10 day SMA (0.75 - 1.00)             

   130.64   SKEW (120 - 135)               

                    

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

  6-months UP                 

  10-days Down                 

  3-days Down                 

                    

Indices                    

  QQQ +1.86% ; SPY +1.02% ;  IWM +0.77% ; DIA +0.50%        

  TLT -0.08% at 164.27               

  VIX -3.31% at 26.86               

                    

Sectors                    

  8 sectors closed higher led by  XLY +2.11%  and  XLC +1.93%    Lower =  3       

  2            closing above 30d. SMA  and 9   closing below.

                    

XLY leaders     :    AMZN, NKE, TGT               

XLC leaders     :    CMCSA, CHTR, FB               

XLK leaders     :    PYPL, MSFT, ADBE               

                    

Uptrend XLI, XLB                 

Sideways XLY, XLC, XLK, XLRE, XLU, XLP, XLV, XLF                

Downtrend XLE                  

                    

                    

Breath:                    

NYSE Strengthened  as  Advancers led  1713   to   1319 and  Nasdaq   Strengthened  as  Advancers led 1759   to   1717    

                    

                    

NDX Leaders:                     

90 closing higher  and  13 closing Lower              

LULU : +6.10% ;  AMZN : +5.69% ;  ZM : +5.15%          

                    

DJIA Leaders:                     

20 closing higher  and  9 closing Lower              

NKE : +3.09% ;  MSFT : +2.41% ;  AMGN : +1.77%          

                    

SP500 Leaders:                     

332 closing higher  and  169 closing Lower              

TWTR : +7.09% ;  AMZN : +5.69% ;  RL : +5.44%          

                    

NASDAQ 100                   

                    

Nasdaq Above 30MA    =  27                 

ZM, WDAY, DOCU, CMCSA, CHTR, AVGO, ALXN, CPRT, ADBE, AMGN, SGEN, CSGP, ATVI, FISV, COST, CTSH, MU, PAYX, NVDA, NTES, INTC, CSX, ALGN, SBUX, JD, BIDU, TSLA   

                    

Stocks to watch on  Wednesday                 

Nasdaq100  xsing above30   = 7                 

WDAY, DOCU, ADBE, AMGN, CSGP, COST, CTSH                

                    

Nasdaq100  xsing below30  = 0                 

                    

                    

                    

MACD Crossover:                  

Up   5                 

MELI, SWKS, FAST, CTXS, DXCM                 

                    

Down   2                 

PAYX, GILD                   

                    

                    

SETUPS                   

BF  :                   

HBO  :                   

2T  :                   

MACD  :                   

CHANNEL  :                   

BEAR  :                   

NH  :                   

EPS  :