SPY
Market Forecast 83.77 Short-term bullish pointing
up in the upper zone
0.61 PCALL - 10 day SMA (0.75 - 1.00)
159.02
SKEW (120 - 135)
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA
6-months UP
10-days SIDEWAYS
3-days UP
Indices
UP: IWM +0.98%
; QQQ +0.31% ; SPY
+0.16% ; DIA +0.08%
Down:
TLT -0.78% at 149.28
VIX +0.41%
at 17.22
SPY : New Highs above 30ds SMA
QQQ : New
Highs above 30ds SMA
DIA : HBO
Setup above 30ds SMA
IWM : Channel
- HBO Setup above 30ds SMA
Sectors
6 sectors closed higher led by XLE +1.66% and XLY
+0.71% Lower = 5
10 closing above 30d. SMA and 1 closing below.
XLE leaders : DVN, NOV, HAL, OXY
XLY leaders
:
BBY, LVS, WYNN, CZR
XLB leaders
:
MOS, FCX, NUE, LYB
Uptrend XLY, XLC, XLK, XLV, XLU, XLRE, XLP
Sideways
XLB, XLF, XLI
Downtrend
XLE
Breath:
NYSE Strengthened
as Advancers led 2238 to 1084 and Nasdaq
Strengthened as Advancers
led 2881 to 1601
NDX Leaders:
57 closing
higher and 45 closing Lower
JD : +14.44%
; NTES : +8.97%
; BIDU : +8.63%
DJIA Leaders:
16 closing
higher and 14 closing Lower
DOW : +1.93%
; GS : +1.77%
; CAT : +1.65%
SP500 Leaders:
311 closing
higher and 189 closing Lower
FLIR : N/A ; BBY : +8.32% ; LVS : +7.53%
NASDAQ 100
Nasdaq Above 30MA = 65
PDD,
JD, SPLK, OKTA, TCOM, BKNG, MELI, ALGN, NXPI, DLTR, SGEN, CHKP, CSCO, WDAY,
ADSK, SNPS, GOOG, MRVL, GOOGL, BIIB, CTSH, VRTX, FISV, FB, DXCM, ANSS, REGN,
TEAM, LULU, TSLA, INTU, CDNS, MCHP, ISRG, ADBE, CDW, NFLX, AAPL, MNST, KLAC,
VRSK, EA, FOXA, AVGO, FOX, CTAS, XLNX, EXC, WBA, GILD, CMCSA, EBAY, ROST, CHTR,
MSFT, COST, ASML, NVDA, FAST, AEP, PAYX, AMD, CSX, MXIM, MRNA
Stocks
to watch on Wednesday
Nasdaq100 xsing above30 = 5
PDD, JD, OKTA, BKNG, HON
Nasdaq100 xsing below30 = 4
XEL, PEP, ADP, ADI
MACD Crossover:
Up 14
JD,
NTES, BIDU, PTON, SPLK, OKTA, BKNG, MAR, INTC, GOOG, GOOGL, SWKS, ANSS, XLNX
Down 4
CHTR,
PEP, MDLZ, CSX
0.61 PCALL - 10 day SMA (0.75 - 1.00)
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA
Indices
TLT -0.78% at 149.28
SPY : New Highs above 30ds SMA
Sectors
XLE leaders : DVN, NOV, HAL, OXY
Uptrend XLY, XLC, XLK, XLV, XLU, XLRE, XLP
Breath:
NDX Leaders:
DJIA Leaders:
SP500 Leaders:
NASDAQ 100
Nasdaq Above 30MA = 65
Nasdaq100 xsing above30 = 5
Nasdaq100 xsing below30 = 4
MACD Crossover:
Down 4