Friday, June 25, 2021

 
SPY Market Forecast 89.99 Short-term bullish pointing up in the upper zone                  
   0.52   PCALL - 10 day SMA (0.75 - 1.00)                  
   170.55   SKEW (120 - 135)                    
                         
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA                    
  6-months UP                      
  10-days UP                      
  3-days UP                      
                         
Indices                         
UP:     DIA +0.72% ; SPY +0.36% ; IWM +0.17% ;               
Down:              QQQ -0.12%             
                         
  TLT -1.04% at 142.01                    
  VIX -2.19% at 15.62                    
                         
SPY   : New high    above 30ds SMA                  
QQQ   : BF Setup    above 30ds SMA                  
DIA   : Crossing above 30 ds SMA    above 30ds SMA                  
IWM   : HBO Setup    above 30ds SMA                  
                         
                         
Sectors                         
  10 sectors closed higher led by  XLF +1.21%  and  XLU +1.07%    Lower =  1            
  6            closing above 30d. SMA  and 5   closing below.      
                         
XLF leaders     :    LNC, UNM, HBAN, WFC                   
XLU leaders     :    EIX, NRG, AEP, CMS                   
XLP leaders     :    CLX, EL, MNST, HSY                    
                         
Uptrend XLRE, XLY, XLE, XLV, XLI, XLC, XLK                     
Sideways XLF, XLU, XLP, XLB                      
Downtrend                        
                         
                         
Breath:                         
NYSE Strengthened  as  Advancers led  1756   to   1527 and  Nasdaq   Strengthened  as  Advancers led 2429   to   1944         
                         
                         
NDX Leaders:                          
68 closing higher  and  35 closing Lower                   
JD : +4.45% ;  BIDU : +4.04% ;  MNST : +2.20%               
                         
DJIA Leaders:                          
22 closing higher  and  8 closing Lower                   
NKE : +15.53% ;  UNH : +1.52% ;  PG : +1.43%               
                         
SP500 Leaders:                          
400 closing higher  and  101 closing Lower                   
NKE : +15.53% ;  KMX : +6.67% ;  OXY : +3.69%               
                         
NASDAQ 100                        
                         
Nasdaq Above 30MA    =  72                      
JD, BIDU, LBTYK, EBAY, LBTYA, MU, NTAP, NFLX, SIRI, CPRT, ILMN, ORLY, CHTR, PAYX, DXCM, BMRN, REGN, ALXN, SPLK, GILD, SBUX, IDXX, DOCU, CDW, INCY, VRSK, INTU, AMGN, ADP, COST, ADSK, ANSS, EXPE, WDAY, SWKS, CSGP, LULU, ISRG, ADI, ROST, FOX, ADBE, NXPI, FOXA, MXIM, CTAS, KLAC, GOOGL, MELI, SGEN, TMUS, CDNS, QCOM, AAPL, GOOG, TXN, ZM, BIIB, ALGN, FB, AMD, MSFT, VRSN, ULTA, NVDA, TSLA, XLNX, PYPL, ASML, AMZN, AMAT, SNPS
                         
Stocks to watch on  Saturday                      
                         
 Nasdaq100  xsing above30   = 6                     
  MU, GILD, MDLZ, AMGN, ADP, EXPE                     
                         
 Nasdaq100  xsing below30  = 0                     
                         
                         
                         
MACD Crossover:                       
Up   3                      
LBTYK, EBAY, VRTX                       
                         
Down   5                      
CSGP, SGEN, ZM, NVDA, AMZN                      
                         

No comments:

SPY touched all times high once again and reversed at close

SPY Market Forecast     94.34 Defensive pointing down in the upper zone                        0.6   PCALL - 10 day SMA (0.75 - 1.00)       ...