Market keeps bullish momentum. XLB and XLK leads the rally.

                   
SPY Market Forecast 51.16 Short-term bullish    pointing up in the middle  zone         
   0.73   PCALL - 10 day SMA (0.75 - 1.00)            
   127.65   SKEW (120 - 135)              
                   
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA              
  6-months UP                
  10-days UP                
  3-days UP                
                   
Indices                   
  IWM +2.80% ; QQQ +2.61% ;  SPY +1.95% ; DIA +1.94%       
  TLT +0.17% at 161.36              
  VIX -6.73% at 27.58              
                   
Sectors                   
  10 sectors closed higher led by  XLB +4.08%  and  XLK +3.11%    Lower =  0      
  10            closing above 30d. SMA  and 1   closing below.
                   
XLB leaders     :    LIN, DOW, APD, NEM             
XLK leaders     :    PYPL, CRM, AAPL, MSFT             
XLF leaders     :    JPM, BAC, GS, BLK              
                   
Uptrend XLB, XLI                
Sideways XLK, XLF, XLY, XLC, XLU, XLP, XLRE, XLV               
Downtrend XLE                 
                   
                   
Breath:                   
NYSE Strengthened  as  Advancers led  2466   to   607 and  Nasdaq   Strengthened  as  Advancers led 2723   to   813   
                   
                   
NDX Leaders:                    
88 closing higher  and  15 closing Lower             
QCOM : +12.75% ;  MELI : +9.28% ;  AMAT : +7.85%         
                   
DJIA Leaders:                    
27 closing higher  and  3 closing Lower             
DOW : +5.43% ;  CAT : +5.06% ;  JPM : +4.09%         
                   
SP500 Leaders:                    
414 closing higher  and  86 closing Lower             
CTL : N/A ;  NBL : N/A ;  ALB : +12.92%         
                   
NASDAQ 100                  
                   
Nasdaq Above 30MA    =  80                
QCOM, MELI, AMAT, SWKS, TCOM, PYPL, LRCX, MU, EXPE, WDAY, MCHP, AVGO, WDC, MXIM, ADSK, TSLA, ASML, NXPI, AAPL, ADI, KLAC, NTAP, WBA, SIRI, NFLX, CDW, BKNG, MSFT, SNPS, TTWO, ROST, MAR, NVDA, ISRG, CSX, BIDU, JD, CDNS, FB, AMZN, VRSN, EA, COST, TXN, INTU, CPRT, PCAR, LULU, CHTR, AMD, EXC, ADBE, ALGN, ALXN, CTSH, XEL, XLNX, PAYX, MNST, TMUS, ATVI, FISV, GOOGL, SPLK, SBUX, GOOG, DOCU, CTAS, CERN, REGN, CSGP, DLTR, ANSS, IDXX, KHC, FAST, VRSK, ADP, NTES, BIIB
                   
Stocks to watch on  Friday                
Nasdaq100  xsing above30   = 13                
SWKS, PYPL, WDAY, AVGO, WDC, TSLA, AAPL, NFLX, TTWO, ROST, ISRG, EA, ATVI            
                   
Nasdaq100  xsing below30  = 1                
INCY                   
                   
                   
MACD Crossover:                 
Up   34                
QCOM, MELI, MU, WDAY, AVGO, TSLA, AAPL, NTAP, SIRI, NFLX, BKNG, MSFT, TTWO, ISRG, FB, AMZN, EA, COST, CTXS, PCAR, AMD, EXC, ADBE, CSCO, ALXN, CTSH, CHKP, CMCSA, MDLZ, ATVI, SBUX, REGN, PEP, ANSS
                   
Down   1                
INCY                   
                   
                   
SETUPS                  
BF  : PCAR, VRSK                
HBO  : MSFT, PYPL, SBUX, CHTR, CTAS, CTSH, SPLK, TSLA, PEP, TXN, CAT, MU, ACN, ADSK, BBY, BIG, C, CRM, CRWD, DG, DLTR, GDXJ, GOLD, IWM, JPM, KHC, MNST, MS, NKE, SPY, QQQ, TLT, SQ, NXPI
2T  : COST, CSX, GOOGL, KLAC, UNH               
MACD  :                  
CHANNEL  : AAPL, ADBE, AMZN, INTC, CHKP, CTXS, FISV, SWKS, EBAY, TMUS, AMGN, ATVI, DOCU, AKAM, AMD, AU, AXP, BA, BABA, BAC, DIA, EA, FAS, FAST, FB, IBKR, ILMN, MMM, TWTR, V, NFLX, SHOP, TAL, TWLO, XLE, NTAP, ZION, ORCL
BEAR  : INCY, GILD                
NH  : ALGN, CDNS, CPRT, QCOM, SNPS, MXIM, XLNX, ADI, LRCX, DE, MCHP, MELI, CARR          
EPS  : NVDA, AMAT, BIDU, BKNG, BMRN, BYND, CSCO, CVS, DDOG, HD, JD, MCD, NTES, TGT, NKLA, WMT