All indices still at resistance in a bullish sentiment. Ready to breakout? XLV led the move up

 
SPY Market Forecast 91.95 Short-term bullish pointing up in the upper zone           
   0.47   PCALL - 10 day SMA (0.75 - 1.00)           
   150.7   SKEW (120 - 135)             
                  
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA             
  6-months UP               
  10-days SIDEWAYS               
  3-days SIDEWAYS               
                  
Indices                  
UP:     QQQ +0.02% ;              
Down:        SPY -0.15% ; DIA -0.45% ; IWM -0.67%      
                  
  TLT +0.88% at 141.69             
  VIX +4.80% at 17.89             
                  
SPY   : Channel HBO Setup    above 30ds SMA           
QQQ   : Channel BF Setup    above 30ds SMA           
DIA   : Channel HBO Setup    above 30ds SMA           
IWM   : Channel HBO Setup    above 30ds SMA           
                  
                  
Sectors                  
  4 sectors closed higher led by  XLV +0.97%  and  XLU +0.89%    Lower =  7     
  6            closing above 30d. SMA  and 5   closing below.
                  
XLV leaders     :    CTLT, REGN, BIIB, BMY            
XLU leaders     :    SRE, AEP, PPL, ES             
XLRE leaders     :    WY, ARE, PEAK, WELL            
                  
Uptrend XLRE, XLK, XLC, XLP, XLE, XLB, XLF, XLI              
Sideways XLV, XLU, XLY               
Downtrend                 
                  
                  
Breath:                  
NYSE Weakened  as  Decliners led  1575   to   1753 and  Nasdaq   Weakened  as  Decliners led 1995   to   2285  
                  
                  
NDX Leaders:                   
52 closing higher  and  50 closing Lower            
BMRN : +4.18% ;  REGN : +3.05% ;  BIIB : +2.93%        
                  
DJIA Leaders:                   
7 closing higher  and  22 closing Lower            
MRK : +2.27% ;  JNJ : +1.35% ;  AMGN : +1.14%        
                  
SP500 Leaders:                   
171 closing higher  and  329 closing Lower            
CTLT : +3.05% ;  REGN : +3.05% ;  SRE : +2.95%        
                  
NASDAQ 100                 
                  
Nasdaq Above 30MA    =  62               
BMRN, REGN, BIIB, FOXA, GILD, INCY, ALXN, EXC, TMUS, VRTX, ADBE, LBTYK, IDXX, MXIM, ADI, ISRG, LBTYA, CERN, CHKP, INTU, SGEN, PAYX, AMZN, SNPS, MSFT, GOOGL, GOOG, CSGP, AAPL, ASML, EBAY, EA, NTAP, PYPL, KLAC, EXPE, AVGO, MDLZ, DXCM, ILMN, INTC, CSCO, TXN, ATVI, ADP, MCHP, LRCX, NVDA, TTWO, ALGN, AMAT, PCAR, FB, WDC, LULU, AMD, XLNX, MAR, DOCU, ZM, ULTA, SIRI
                  
Stocks to watch on  Thursday               
                  
 Nasdaq100  xsing above30   = 5              
  FOXA, VRTX, ISRG, AMZN, AAPL              
                  
 Nasdaq100  xsing below30  = 9              
  PEP, CMCSA, NXPI, FAST, QCOM, MNST, CPRT, KHC, NTES            
                  
                  
MACD Crossover:                
Up   6               
FOXA, AMGN, ISRG, LBTYA, SGEN, VRSK               
                  
Down   8               
AVGO, LRCX, ANSS, JD, AMAT, BIDU, FB, MU