Tuesday, July 13, 2021

 SPY Market Forecast 93.38 Short-term bearish pointing down in the upper zone            
   0.56   PCALL - 10 day SMA (0.75 - 1.00)              
   155.7   SKEW (120 - 135)                
                     
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA                
  6-months UP                  
  10-days UP                  
  3-days UP                  
                     
Indices                     
UP:                        
Down:        DIA -0.29% ; SPY -0.34% ; IWM -1.88%         
                     
  TLT -0.77% at 145.22                
  VIX +5.88% at 17.12                
                     
SPY   : NH     above 30ds SMA              
QQQ   : NH     above 30ds SMA              
DIA   : HBO Setup    above 30ds SMA              
IWM   : Channel below 30ds SMA retraced   below 30ds SMA              
                     
                     
Sectors                     
  1 sectors closed higher led by  XLK +0.41%  and  XLP -0.03%    Lower =  10        
  5            closing above 30d. SMA  and 6   closing below.  
                     
XLK leaders     :    MA, V, ADSK, MSFT               
XLP leaders     :    PEP, KO, MNST, WMT               
XLV leaders     :    BIIB, UNH, ANTM, REGN               
                     
Uptrend XLK, XLV, XLC, XLY, XLRE                  
Sideways XLP, XLE, XLU, XLB, XLI, XLF                  
Downtrend                    
                     
                     
Breath:                     
NYSE Weakened  as  Decliners led  836   to   2483 and  Nasdaq   Weakened  as  Decliners led 1053   to   3316     
                     
                     
NDX Leaders:                      
35 closing higher  and  68 closing Lower               
JD : +4.58% ;  NTES : +2.97% ;  BIDU : +2.33%           
                     
DJIA Leaders:                      
12 closing higher  and  18 closing Lower               
V : +1.88% ;  MSFT : +1.32% ;  KO : +0.99%           
                     
SP500 Leaders:                      
71 closing higher  and  429 closing Lower               
FLIR : N/A ;  TDY : +2.42% ;  PEP : +2.31%           
                     
NASDAQ 100                    
                     
Nasdaq Above 30MA    =  64                  
JD, NTES, PEP, ADSK, MELI, MSFT, EA, FISV, SBUX, ADBE, AAPL, VRSK, NFLX, TMUS, REGN, LULU, IDXX, GOOG, INTU, GOOGL, CHKP, INTC, AMGN, ANSS, DXCM, ADP, ALXN, CDNS, PAYX, ALGN, GILD, ILMN, SNPS, ADI, ZM, ASML, NXPI, COST, ISRG, VRSN, FB, EBAY, ORLY, SPLK, AVGO, CERN, TXN, PYPL, AMD, CPRT, CMCSA, XLNX, SWKS, QCOM, ULTA, AMZN, ROST, CDW, CHTR, NVDA, DOCU, FAST, TSLA, CTAS
                     
Stocks to watch on  Wednesday                  
                     
 Nasdaq100  xsing above30   = 5                 
  JD, NTES, EA, FISV, MDLZ                  
                     
 Nasdaq100  xsing below30  = 5                 
  CSGP, BMRN, WDAY, MAR, NTAP                 
                     
                     
MACD Crossover:                   
Up   3                  
NTES, EA, NXPI                    
                     
Down   7                  
REGN, IDXX, PYPL, SWKS, ROST, CDW, CTAS                  
                     

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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)       ...