MFC SPY bullish. Market mostly flat. XLE, XLC and XLF led the sectors advances

SPY Market Forecast 94.06 Short-term bullish pointing up in the upper zone                
   0.58   PCALL - 10 day SMA (0.75 - 1.00)                
   139.37   SKEW (120 - 135)                  
                       
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA                  
  6-months UP                    
  10-days UP                    
  3-days UP                    
                       
Indices                       
UP:     IWM +0.17% ;                   
Down:        SPY -0.03% ; QQQ -0.34% ; DIA -0.43%           
                       
  TLT +0.06% at 138.73                  
  VIX -1.59% at 17.28                  
                       
Sectors                       
  5 sectors closed higher led by  XLE +3.45%  and  XLC +0.92%    Lower =  6          
  11            closing above 30d. SMA  and 0   closing below.    
                       
XLE leaders     :    EOG, SLB, COP, VLO                 
XLC leaders     :    GOOG, GOOGL, FB, T                 
XLF leaders     :    AXP, JPM, GS, BAC                  
                       
Uptrend XLE, XLC, XLF, XLB, XLP, XLY, XLU, XLI, XLV, XLRE, XLK                 
Sideways                      
Downtrend                      
                       
                       
Breath:                       
NYSE Strengthened  as  Advancers led  1926   to   1354 and  Nasdaq   Strengthened  as  Advancers led 2315   to   1847       
                       
                       
NDX Leaders:                        
35 closing higher  and  68 closing Lower                 
TCOM : +3.72% ;  MDLZ : +3.68% ;  LBTYK : +3.44%             
                       
DJIA Leaders:                        
14 closing higher  and  16 closing Lower                 
CVX : +2.45% ;  V : +1.54% ;  AXP : +1.45%             
                       
SP500 Leaders:                        
236 closing higher  and  267 closing Lower                 
NOV : +9.57% ;  FTI : +9.10% ;  DVN : +8.54%             
                       
NASDAQ 100                      
                       
Nasdaq Above 30MA    =  87                    
TCOM, MDLZ, LBTYK, GOOG, GOOGL, LBTYA, NTES, BKNG, FISV, AMZN, FB, MELI, EBAY, DOCU, DXCM, BMRN, ISRG, PYPL, ANSS, ADSK, EA, INCY, CTSH, EXPE, SGEN, EXC, IDXX, VRSK, INTU, NTAP, CHTR, SNPS, COST, WDAY, MAR, ALXN, XEL, ADBE, LULU, CSX, FAST, SWKS, ROST, CPRT, MNST, AAPL, TMUS, ZM, NVDA, ORLY, ULTA, CERN, CDW, AMAT, REGN, VRSN, QCOM, LRCX, CHKP, ASML, PAYX, ALGN, AMD, TSLA, XLNX, ILMN, MXIM, WDC, MSFT, SBUX, XEL, KHC, CHTR, CSX, LULU, CPRT, ISRG, ORLY, CTAS, MDLZ, ROST, COST, VRSK, SBUX, MNST, PEP, CHKP
                       
Stocks to watch on  Thursday                    
                       
 Nasdaq100  xsing above30   = 3                   
  MDLZ, LBTYA, FISV                    
                       
 Nasdaq100  xsing below30  = 15                   
  CSCO, PEP, DLTR, FOX, CTXS, CTAS, KLAC, MCHP, ADI, NXPI, SIRI, TXN, ADP, AMGN, CSGP             
                       
                       
MACD Crossover:                     
Up   5                    
MDLZ, LBTYK, LBTYA, AMZN, BIIB                    
                       
Down   9                    
VRSK, FAST, CPRT, CERN, QCOM, ALGN, MXIM, ADP, CSGP                  
                       

IWM leading the move up followed by QQQ. TSLA beat expectation but moved down as initial reaction.

 
SPY Market Forecast 91.26 Short-term bullish pointing up in the upper zone            
   0.57   PCALL - 10 day SMA (0.75 - 1.00)            
   139.09   SKEW (120 - 135)              
                   
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA              
  6-months UP                
  10-days UP                
  3-days UP                
                   
Indices                   
UP:     IWM +1.04% ; QQQ +0.65% ; SPY +0.21% ;         
Down:              DIA -0.16%       
                   
  TLT -0.14% at 139.86              
  VIX +1.79% at 17.64              
                   
Sectors                   
  7 sectors closed higher led by  XLE +0.67%  and  XLB +0.59%    Lower =  4      
  10            closing above 30d. SMA  and 1   closing below.
                   
XLE leaders     :    SLB, WMB, EOG, COP             
XLB leaders     :    CTVA, DD, DOW, ECL             
XLK leaders     :    PYPL, NVDA, CRM, AAPL             
                   
Uptrend XLE, XLB, XLK, XLY, XLF, XLC, XLRE, XLI, XLV, XLU, XLP             
Sideways                  
Downtrend                  
                   
                   
Breath:                   
NYSE Strengthened  as  Advancers led  2073   to   1231 and  Nasdaq   Strengthened  as  Advancers led 2847   to   1352   
                   
                   
NDX Leaders:                    
59 closing higher  and  44 closing Lower             
WDC : +4.91% ;  SWKS : +4.58% ;  DOCU : +4.23%         
                   
DJIA Leaders:                    
12 closing higher  and  18 closing Lower             
AXP : +4.16% ;  BA : +1.28% ;  GS : +1.23%         
                   
SP500 Leaders:                    
261 closing higher  and  238 closing Lower             
OTIS : +7.00% ;  FCX : +6.87% ;  ALB : +5.79%         
                   
NASDAQ 100                  
                   
Nasdaq Above 30MA    =  87                
WDC, SWKS, DOCU, LBTYK, XLNX, AMD, BMRN, BKNG, QCOM, BIIB, REGN, LRCX, VRSN, SNPS, PYPL, AMZN, AMAT, MCHP, WDAY, NXPI, TCOM, MXIM, CDNS, ILMN, NVDA, ANSS, MELI, ADSK, TXN, ATVI, TSLA, KLAC, CTSH, EBAY, ADI, DXCM, INTU, FB, GOOG, EA, GOOGL, GILD, FISV, AAPL, CDW, NTAP, SGEN, MSFT, CTXS, CERN, ALXN, INCY, ADBE, ULTA, CSGP, ASML, IDXX, ZM, NTES, SIRI, ADP, PAYX, VRTX, ALGN, EXPE, FAST, CSCO, EXC, AMGN, TMUS, XEL, KHC, CHTR, CSX, LULU, CPRT, ISRG, ORLY, CTAS, MDLZ, ROST, COST, VRSK, SBUX, MNST, PEP, CHKP
                   
Stocks to watch on  Tuesday                
                   
 Nasdaq100  xsing above30   = 7               
  WDC, LBTYK, BIIB, TCOM, ATVI, CTSH, EBAY              
                   
 Nasdaq100  xsing below30  = 1               
  DLTR                 
                   
                   
MACD Crossover:                 
Up   4                
SWKS, XLNX, MXIM, FISV                
                   
Down   6                
VRTX, AMGN, XEL, MDLZ, MNST, PEP                

SETUPS  
BF  : CHKP, CPRT, PEP, COST, ACN, CSCO, CSX, DG, DLTR, GDXJ, HD, UNH, NTES, TAL, TGT, ORCL
HBO  : ADBE, NVDA, CTAS, SNPS, ADI, LRCX, DOCU, AMAT, DE, AXP, BABA, BAC, BIDU, BIG, C, CRM, CRWD, DIA, EA, FAST, IWM, MS, SPY, NTAP, QQQ
2T  : FAS
MACD  :  
CHANNEL  : INTC, MU, AU, BBY, JPM, NFLX, NKE, XLE, WMT, ZION
BEAR  : SPLK, IBKR, JD
NH  : MSFT
EPS  : AAPL, AMZN, PYPL, SBUX, ALGN, CDNS, CHTR, CTSH, CTXS, FISV, QCOM, SWKS, MXIM, PCAR, XLNX, TSLA, EBAY, TXN, TMUS, VRSK, ATVI, CAT, MCHP, MELI, ADSK, AKAM, AMD, BA, BKNG, BYND, CARR, CVS, DDOG, FB, GILD, GOLD, GOOGL, ILMN, KHC, KLAC, MCD, MMM, MNST, TWTR, V, SHOP, TWLO, TLT, SQ, NXPI