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