Tuesday, January 25, 2022

 SPY Market Forecast 12.77 Bearish pointing down in the lower zone               
   0.78   PCALL - 10 day SMA (0.75 - 1.00)             
   133.9   SKEW (120 - 140)               
                    
INTERMEDIATE TERM: Downtrend- Price below 30 &10 Wk SMA               
  6-months UP                 
  10-days DOWN                 
  3-days DOWN                 
                    
Indices                    
UP:                       
Down:     DIA -0.25% ; SPY -1.22% ; IWM -1.33% ; QQQ -2.32%        
                    
  TLT -0.16% at 142.22               
  VIX +4.21% at 31.16               
                    
SPY   : Bearish   below 30ds SMA             
QQQ   : Bearish   below 30ds SMA             
DIA   : Channel at support   below 30ds SMA             
IWM   : Bearish   below 30ds SMA             
                    
                    
Sectors                    
  2 sectors closed higher led by  XLE +3.88%  and  XLF +0.42%    Lower =  9       
  1            closing above 30d. SMA  and 10   closing below.
                    
XLE leaders     :    APA, OXY, HAL, MRO              
XLF leaders     :    AXP, ZION, DFS, COF              
XLRE leaders     :    KIM, FRT, AMT, PEAK              
                    
Uptrend XLE, XLP                 
Sideways XLF, XLB, XLU                 
Downtrend XLRE, XLV, XLI, XLY, XLC, XLK                 
                    
                    
Breath:                    
NYSE Weakened  as  Decliners led  1429   to   1984 and  Nasdaq   Weakened   as  Decliners led 1882   to   2912    
                    
                    
NDX Leaders:                     
10 closing higher  and  92 closing Lower              
NTES : +3.49% ;  PCAR : +3.07% ;  BIDU : +1.29%          
                    
DJIA Leaders:                     
9 closing higher  and  21 closing Lower              
AXP : +8.92% ;  IBM : +5.65% ;  CVX : +4.25%          
                    
SP500 Leaders:                     
123 closing higher  and  379 closing Lower              
WLTW : N/A ;  AXP : +8.92% ;  APA : +8.28%          
                    
NASDAQ 100                   
                    
Nasdaq Above 30MA    =  10                 
PCAR, BIDU, JD, AEP, KDP, MDLZ, ATVI, VRTX, PDD, SPLK                
                    
Stocks to watch on  Wednesday                 
                    
 Nasdaq100  xsing above30   = 0                
                    
                    
 Nasdaq100  xsing below30  = 7                
  AMGN, KHC, CMCSA, EXC, PEP, WBA, EA               
                    
                    
MACD Crossover:                  
Up   0                 
                    
                    
Down   4                 
REGN, EA, SPLK, WDAY                  
                    
                    
SETUPS                   
BF  : KDP, GOLD                 
HBO  : AXP, CVS                 
2T  :                   
MACD  :                   
CHANNEL  : ADBE, MSFT, SPLK, EXC, PCAR, PEP, CERN, TXN, AMAT, BIDU, BKNG, JD, KHC, MNST, NTES, MAR, AEP, PDD, WBA, AKAM, AU, BAC, BIG, C, DE, DG, GDXJ, MMM, MS, NTAP, WMT, ZION
NH  : XLE                  
BEAR  : NVDA, CDNS, CPRT, CTAS, SNPS, TCOM, WDAY, PAYX, CDW, ROST, ADI, EBAY, ASML, INTU, COST, VRSK, DOCU, MELI, MU, VRSN, ADSK, CRWD, CSCO, CSX, DLTR, FAST, ILMN, NFLX, LULU, ISRG, MRVL, ORLY, DXCM, ANSS, SGEN, AVGO, ZM, OKTA, MRNA, ACN, BBY, BYND, CRM, DDOG, DIA, FAS, HD, IBKR, IWM, JPM, NKE, ORCL, QQQ, SHOP, SPY, SQ, TGT, TLT, TWLO, TWTR, UNH
EPS  : AAPL, AMZN, INTC, PYPL, SBUX, ALGN, CHKP, CHTR, CTSH, FISV, IDXX, QCOM, SWKS, XEL, BIIB, FOXA, FOX, XLNX, TSLA, ADP, TMUS, LRCX, AMGN, ATVI, INCY, MCHP, SIRI, AMD, EA, FB, GILD, GOOGL, KLAC, NXPI, GOOG, REGN, MDLZ, TEAM, CMCSA, HON, MTCH, PTON, VRTX, BA, BABA, CARR, CAT, CTXS, MCD, V

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)       ...