QQQ and SPY Moving up. VIX Down 5.4%

 
                    
SPY Market Forecast 92.06 Short-term bullish    pointing up in the middle  zone          
   0.67   PCALL - 10 day SMA (0.75 - 1.00)             
   126.3   SKEW (120 - 135)               
                    
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA               
  6-months UP                 
  10-days UP                 
  3-days UP                 
                    
Indices                    
  QQQ +2.24% ; SPY +0.74% ;  IWM -0.04% ; DIA -0.14%        
  TLT +0.36% at 155.72               
  VIX -5.44% at 23.45               
                    
Sectors                    
  6 sectors closed higher led by  XLK +2.37%  and  XLC +0.91%    Lower =  5       
  11            closing above 30d. SMA  and 0   closing below.
                    
XLK leaders     :    NVDA, PYPL, ADBE, AAPL              
XLC leaders     :    TMUS, NFLX, ATVI, CHTR              
XLY leaders     :    AMZN, MCD, LOW, DG              
                    
Uptrend XLI, XLB                 
Sideways XLK, XLC, XLY, XLP, XLRE, XLU, XLV, XLF                
Downtrend XLE                  
                    
                    
Breath:                    
NYSE Strengthened  as  Advancers led  1535   to   1512 and  Nasdaq   Strengthened  as  Advancers led 1984   to   1512    
                    
                    
NDX Leaders:                     
79 closing higher  and  24 closing Lower              
ZM : +9.93% ;  MELI : +6.40% ;  QCOM : +5.41%          
                    
DJIA Leaders:                     
11 closing higher  and  19 closing Lower              
AAPL : +3.04% ;  MSFT : +2.63% ;  CRM : +2.63%          
                    
SP500 Leaders:                     
234 closing higher  and  265 closing Lower              
CTL : N/A ;  NBL : N/A ;  COTY : +8.18%          
                    
NASDAQ 100                   
                    
Nasdaq Above 30MA    =  72                 
MELI, QCOM, ASML, LULU, KLAC, LRCX, CDNS, XLNX, MNST, MCHP, AVGO, JD, NXPI, SIRI, IDXX, AAPL, ANSS, INTU, KHC, TMUS, TXN, MSFT, AMAT, SNPS, VRSK, NTES, FOXA, CTSH, MXIM, EXC, ADI, COST, MU, FOX, CHTR, CSCO, PEP, ORLY, FB, CSGP, XEL, SBUX, MDLZ, FAST, CDW, GOOG, CPRT, GOOGL, FISV, ADP, ALXN, CTAS, PAYX, BIDU, CERN, ADSK, CMCSA, BKNG, AMGN, ALGN, DLTR, PCAR, NTAP, CSX, ISRG, WDC, TCOM, MAR, WBA, EXPE, ULTA, ROST
                    
Stocks to watch on  Thursday                 
Nasdaq100  xsing above30   = 14                 
MELI, LULU, CDNS, AVGO, JD, AAPL, ANSS, KHC, MSFT, SNPS, NTES, FOXA, COST, FOX             
                    
Nasdaq100  xsing below30  = 1                 
LBTYA                    
                    
                    
MACD Crossover:                  
Up   1                 
LULU                    
                    
Down   3                 
XLNX, SNPS, ADSK