Another all times high for SPY and QQQ... 8 consecutive high ends in a row... Careful.

 
SPY Market Forecast 97.62 Short-term bullish pointing up in the upper zone              
   0.52   PCALL - 10 day SMA (0.75 - 1.00)              
   161.85   SKEW (120 - 135)                
                     
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA                
  6-months UP                  
  10-days UP                  
  3-days UP                  
                     
Indices                     
UP:     DIA +0.61% ; SPY +0.08% ; IWM +0.01% ;           
Down:              QQQ -0.16%         
                     
  TLT +0.45% at 144.35                
  VIX -1.19% at 15.83                
                     
SPY   : New high    above 30ds SMA              
QQQ   : New high    above 30ds SMA              
DIA   : Crossing above 30 ds SMA    above 30ds SMA              
IWM   : 3rd day BF Setup    above 30ds SMA              
                     
                     
Sectors                     
  6 sectors closed higher led by  XLE +1.24%  and  XLI +0.78%    Lower =  5        
  5            closing above 30d. SMA  and 6   closing below.  
                     
XLE leaders     :    COG, DVN, NOV, COP               
XLI leaders     :    GE, HWM, SNA, TXT               
XLP leaders     :    SYY, WMT, MO, LW                
                     
Uptrend XLY, XLV, XLK, XLC, XLRE                  
Sideways XLE, XLI, XLP, XLF, XLB, XLU                  
Downtrend                    
                     
                     
Breath:                     
NYSE Strengthened  as  Advancers led  1927   to   1428 and  Nasdaq   Weakened  as  Advancers led 2012   to   2394     
                     
                     
NDX Leaders:                      
42 closing higher  and  61 closing Lower               
AMD : +4.93% ;  XLNX : +3.63% ;  MU : +2.47%           
                     
DJIA Leaders:                      
25 closing higher  and  5 closing Lower               
WMT : +2.71% ;  GS : +1.85% ;  BA : +1.61%           
                     
SP500 Leaders:                      
298 closing higher  and  202 closing Lower               
FLIR : N/A ;  COG : +7.25% ;  AMD : +4.93%           
                     
NASDAQ 100                    
                     
Nasdaq Above 30MA    =  73                  
AMD, XLNX, MU, REGN, ROST, GILD, CMCSA, PEP, ULTA, CHTR, AMGN, ADP, SPLK, AAPL, NTES, ADI, SWKS, MXIM, AMAT, VRSK, ORLY, QCOM, BIIB, JD, DXCM, BMRN, AVGO, TMUS, ISRG, NVDA, CTAS, SNPS, GOOGL, SIRI, TSLA, LRCX, ATVI, MSFT, EA, PAYX, AMZN, INTU, ALGN, TXN, KLAC, ALXN, EBAY, PYPL, SGEN, LULU, CTXS, GOOG, INCY, COST, ADBE, IDXX, VRSN, CDW, NXPI, NFLX, CDNS, CPRT, FB, ILMN, NTAP, ANSS, MELI, DOCU, BIDU, ASML, ZM, ADSK, WDAY
                     
Stocks to watch on  Thursday                  
                     
 Nasdaq100  xsing above30   = 1                 
  PEP                   
                     
 Nasdaq100  xsing below30  = 5                 
  SBUX, LBTYA, INTC, LBTYK, MCHP                 
                     
                     
MACD Crossover:                   
Up   7                  
PCAR, WBA, PEP, WDC, ADP, KHC, MNST                  
                     
Down   9                  
BMRN, ALGN, SGEN, INCY, LBTYA, ILMN, LBTYK, NTAP, DOCU                
                     

SPY & QQQ all times new high. DIA fighting to stay above 30ds SMA. XLK & XLY led sectors.

 
SPY Market Forecast 95.57 Short-term bullish pointing up in the upper zone             
   0.53   PCALL - 10 day SMA (0.75 - 1.00)             
   163.84   SKEW (120 - 135)               
                    
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA               
  6-months UP                 
  10-days UP                 
  3-days UP                 
                    
Indices                    
UP:     QQQ +0.36% ; SPY +0.05% ; DIA +0.02% ;          
Down:              IWM -0.48%        
                    
  TLT +0.17% at 143.71               
  VIX +1.65% at 16.02               
                    
SPY   : New high    above 30ds SMA             
QQQ   : New high    above 30ds SMA             
DIA   : Crossing below 30 ds SMA    below 30ds SMA             
IWM   : 2nd day BF Setup    above 30ds SMA             
                    
                    
Sectors                    
  3 sectors closed higher led by  XLK +0.73%  and  XLY +0.25%    Lower =  8       
  5            closing above 30d. SMA  and 6   closing below.
                    
XLK leaders     :    SWKS, QRVO, XLNX, AMD              
XLY leaders     :    EBAY, NKE, APTV, ETSY              
XLV leaders     :    LH, HOLX, BIIB, CRL               
                    
Uptrend XLK, XLY, XLV, XLRE, XLC                 
Sideways XLB, XLI, XLF, XLP, XLE, XLU                 
Downtrend                   
                    
                    
Breath:                    
NYSE Weakened  as  Decliners led  1498   to   1780 and  Nasdaq   Weakened  as  Decliners led 1712   to   2614    
                    
                    
NDX Leaders:                     
62 closing higher  and  41 closing Lower              
SWKS : +4.52% ;  JD : +3.41% ;  XLNX : +3.11%          
                    
DJIA Leaders:                     
12 closing higher  and  18 closing Lower              
NKE : +2.36% ;  HD : +1.26% ;  AAPL : +1.15%          
                    
SP500 Leaders:                     
222 closing higher  and  278 closing Lower              
SWKS : +4.52% ;  QRVO : +4.45% ;  MS : +3.35%          
                    
NASDAQ 100                   
                    
Nasdaq Above 30MA    =  77                 
SWKS, JD, XLNX, NTES, AMD, EBAY, QCOM, BIIB, ZM, ADSK, CDW, WDAY, BIDU, AAPL, MSFT, ANSS, AVGO, KLAC, CDNS, ISRG, INTU, IDXX, LULU, SNPS, CMCSA, EA, MELI, CTAS, LRCX, NXPI, TXN, NTAP, AMAT, SIRI, ORLY, REGN, PAYX, COST, ADP, ADI, VRSN, CTXS, MXIM, GILD, ADBE, MCHP, ROST, ATVI, NVDA, VRSK, ULTA, AMZN, DOCU, NFLX, ALXN, SBUX, TMUS, ASML, DXCM, AMGN, SPLK, GOOGL, CPRT, PYPL, ILMN, MU, CHTR, GOOG, FB, INCY, BMRN, TSLA, INTC, ALGN, SGEN, LBTYK, LBTYA
                    
Stocks to watch on  Wednesday                 
                    
 Nasdaq100  xsing above30   = 2                
  NTES, CMCSA                 
                    
 Nasdaq100  xsing below30  = 2                
  FOX, FOXA                 
                    
                    
MACD Crossover:                  
Up   7                 
AVGO, EA, NTAP, MXIM, GILD, ATVI, TTWO                 
                    
Down   4                 
DXCM, FOX, FOXA, CSX