Thursday, July 15, 2021

 SPY Market Forecast 93.33 Short-term bullish pointing up in the upper zone             
   0.59   PCALL - 10 day SMA (0.75 - 1.00)             
   154.31   SKEW (120 - 135)               
                    
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA               
  6-months UP                 
  10-days UP                 
  3-days SIDEWAYS                 
                    
Indices                    
UP:     DIA +0.15% ;                
Down:        SPY -0.34% ; IWM -0.57% ; QQQ -0.70%        
                    
  TLT +1.10% at 148.49               
  VIX +4.16% at 17.01               
                    
SPY   : BF     above 30ds SMA             
QQQ   : BF     above 30ds SMA             
DIA   : BF     above 30ds SMA             
IWM   : Channel below 30ds SMA at support   below 30ds SMA             
                    
                    
Sectors                    
  6 sectors closed higher led by  XLU +1.13%  and  XLP +0.41%    Lower =  5       
  8            closing above 30d. SMA  and 3   closing below.
                    
XLU leaders     :    ES, CNP, AWK, WEC              
XLP leaders     :    CAG, CPB, KR, HRL               
XLF leaders     :    AIG, USB, TFC, WRB              
                    
Uptrend XLRE, XLV, XLY, XLC, XLK                 
Sideways XLU, XLP, XLF, XLI, XLB, XLE                 
Downtrend                   
                    
                    
Breath:                    
NYSE Weakened  as  Decliners led  1277   to   2009 and  Nasdaq   Weakened  as  Decliners led 1721   to   2673    
                    
                    
NDX Leaders:                     
33 closing higher  and  70 closing Lower              
BIDU : +2.31% ;  JD : +1.87% ;  CSGP : +1.70%          
                    
DJIA Leaders:                     
16 closing higher  and  14 closing Lower              
HON : +2.21% ;  UNH : +1.28% ;  HD : +1.09%          
                    
SP500 Leaders:                     
238 closing higher  and  265 closing Lower              
FLIR : N/A ;  AIG : +3.58% ;  USB : +3.21%          
                    
NASDAQ 100                   
                    
Nasdaq Above 30MA    =  61                 
JD, CSGP, REGN, NTES, VRSK, EXC, ADP, VRTX, FISV, MDLZ, XEL, AMGN, MNST, DOCU, FAST, GILD, CHTR, PEP, COST, ORLY, SPLK, ILMN, CMCSA, PAYX, DXCM, EBAY, MELI, CPRT, ANSS, ISRG, CERN, LULU, IDXX, TMUS, ULTA, CDW, TSLA, CHKP, ADBE, AAPL, INTU, SNPS, MSFT, SWKS, GOOG, VRSN, SBUX, ADSK, CSCO, AVGO, FB, NFLX, CDNS, ROST, GOOGL, AMZN, PYPL, QCOM, ASML, ALGN, AMD
                    
Stocks to watch on  Friday                 
                    
 Nasdaq100  xsing above30   = 4                
  CSGP, EXC, VRTX, CHTR                 
                    
 Nasdaq100  xsing below30  = 7                
  EA, TXN, XLNX, CTAS, ALXN, NVDA, NXPI               
                    
                    
MACD Crossover:                  
Up   3                 
JD, KHC, AMGN                   
                    
Down   7                 
CMCSA, MSFT, NFLX, AMZN, QCOM, WDC, NXPI                
                    
                    

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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)       ...