QQQ Index and XLK Sector leading the upside move

 
SPY Market Forecast 86.21 Short-term bullish pointing up in the upper zone           
   0.64   PCALL - 10 day SMA (0.75 - 1.00)           
   140.93   SKEW (120 - 135)             
                  
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA             
  6-months UP               
  10-days SIDEWAYS               
  3-days UP               
                  
Indices                  
UP:     QQQ +1.53% ; IWM +1.34% ; SPY +0.41% ;        
Down:              DIA -0.19%      
                  
  TLT -0.56% at 135.45             
  VIX -1.07% at 19.4             
                  
Sectors                  
  5 sectors closed higher led by  XLK +1.59%  and  XLY +0.78%    Lower =  6     
  9            closing above 30d. SMA  and 2   closing below.
                  
XLK leaders     :    NVDA, PYPL, ADBE, AAPL            
XLY leaders     :    AMZN, DG, HD, LOW            
XLU leaders     :    NEE, SO, SRE, XEL             
                  
Uptrend XLC, XLI, XLB, XLE, XLF               
Sideways XLK, XLY, XLU, XLV, XLP, XLRE              
Downtrend                 
                  
                  
Breath:                  
NYSE Strengthened  as  Advancers led  1817   to   1505 and  Nasdaq   Strengthened  as  Advancers led 2678   to   1510  
                  
                  
NDX Leaders:                   
75 closing higher  and  28 closing Lower            
AMAT : +5.40% ;  TSLA : +5.08% ;  CDNS : +4.68%        
                  
DJIA Leaders:                   
9 closing higher  and  21 closing Lower            
WBA : +3.62% ;  AAPL : +1.88% ;  MSFT : +1.69%        
                  
SP500 Leaders:                   
210 closing higher  and  294 closing Lower            
PVH : +5.57% ;  AMAT : +5.40% ;  TSLA : +5.08%        
                  
NASDAQ 100                 
                  
Nasdaq Above 30MA    =  65               
AMAT, CDNS, KLAC, LRCX, NVDA, WBA, SNPS, MCHP, ALGN, ADSK, SWKS, ASML, ANSS, FB, ADBE, VRSN, NXPI, ISRG, MSFT, TXN, ADI, MXIM, EBAY, CTXS, BIIB, INCY, CTAS, LBTYK, LBTYA, VRTX, GOOGL, COST, XEL, EA, GOOG, NTAP, CDW, EXC, REGN, TMUS, MNST, VRSK, INTC, CERN, ADP, CSX, MAR, CSCO, BKNG, TTWO, ALXN, ORLY, AMGN, ROST, MDLZ, SIRI, CTSH, FAST, KHC, PEP, SBUX, PAYX, GILD, DLTR, EXPE
                  
Stocks to watch on  Friday               
                  
 Nasdaq100  xsing above30   = 17              
  CDNS, NVDA, SNPS, MCHP, ALGN, ADSK, ANSS, ISRG, MSFT, ADI, MXIM, CTAS, LBTYA, VRTX, GOOGL, GOOG, TTWO     
                  
 Nasdaq100  xsing below30  = 3              
  FISV, CHTR, LULU               
                  
                  
MACD Crossover:                
Up   11               
TSLA, WBA, AMD, IDXX, INTU, CPRT, MSFT, GOOGL, BMRN, GOOG, NTES            
                  
Down   2               
MDLZ, PAYX