DIA leads the move to the upside and IWM lags VIX down to 16.3 (No fear). Eight sectors closing above 30ds SMA.

 

SPY Market Forecast 43.38 Bullish pointing up in the middle zone                
   0.65   PCALL - 10 day SMA (0.75 - 1.00)              
   143.78   SKEW (120 - 140)                
                     
INTERMEDIATE TERM: Up- Price CROSSING ABOVE 30 &10 Wk SMA               
  6-months UP                  
  10-days UP                  
  3-days UP                  
                     
Indices                     
UP:     DIA +1.10% ; SPY +0.76% ; QQQ +0.63% ;           
Down:              IWM -0.31%         
                     
  TLT -0.58% at 145.03                
  VIX -3.32% at 16.3                
                     
SPY   : HBO triggered    above 30ds SMA              
QQQ   : HBO continuation    above 30ds SMA              
DIA   : HBO triggered    above 30ds SMA              
IWM   : Channel    above 30ds SMA              
                     
                     
Sectors                     
  8 sectors closed higher led by  XLY +1.53%  and  XLF +1.49%    Lower =  3        
  8            closing above 30d. SMA  and 3   closing below.  
                     
XLY leaders     :    AMZN, MAR, TSLA, PENN               
XLF leaders     :    WFC, GS, SCHW, BAC               
XLI leaders     :    JBHT, GNRC, CAT, ODFL               
                     
Uptrend XLE                   
Sideways XLY, XLF, XLI, XLK, XLV, XLB, XLRE, XLC, XLP                
Downtrend XLU                   
                     
                     
Breath:                     
NYSE Weakened  as  Decliners led  1619   to   1691 and  Nasdaq   Weakened  as  Decliners led 1949   to   2485     
                     
                     
NDX Leaders:                      
58 closing higher  and  44 closing Lower               
AMZN : +3.31% ;  MAR : +3.11% ;  TSLA : +3.02%           
                     
DJIA Leaders:                      
23 closing higher  and  6 closing Lower               
GS : +3.80% ;  V : +2.58% ;  AXP : +2.51%           
                     
SP500 Leaders:                      
324 closing higher  and  175 closing Lower               
MXIM : N/A ;  JBHT : +8.74% ;  WFC : +6.78%           
                     
NASDAQ 100                    
                     
Nasdaq Above 30MA    =  54                  
AMZN, MAR, TSLA, ADI, CSX, ADP, MTCH, FISV, TCOM, CTSH, BKNG, SGEN, AVGO, INTC, TXN, HON, XLNX, XEL, TEAM, ADSK, DLTR, ORLY, VRSN, BIDU, MRVL, NVDA, MSFT, JD, PCAR, PAYX, SPLK, EBAY, FAST, GOOG, GOOGL, CPRT, AMD, NTES, WDAY, CTAS, ANSS, OKTA, PEP, VRSK, EXC, KHC, KDP, MDLZ, NFLX, CHKP, CRWD, FOX, FOXA, WBA
                     
Stocks to watch on  Sunday                  
                     
 Nasdaq100  xsing above30   = 6                 
  AMZN, ADI, FISV, TXN, HON, VRSN                 
                     
 Nasdaq100  xsing below30  = 1                 
  DXCM                   
                     
                     
MACD Crossover:                   
Up   10                  
MELI, ADI, FISV, BKNG, SGEN, INTC, AMGN, ATVI, NXPI, CDW                
                     
Down   2                  
KHC, FOX