Monday, February 14, 2022

 SPY Market Forecast 45.03 Bearish pointing down in the middle zone            
   0.78   PCALL - 10 day SMA (0.75 - 1.00)            
   126.25   SKEW (120 - 140)              
                   
INTERMEDIATE TERM: Downtrend- Price below 30 &10 Wk SMA              
  6-months SIDEWAYS                
  10-days SIDEWAYS                
  3-days DOWN                
                   
Indices                   
UP:     QQQ +0.12% ;               
Down:        IWM -0.34% ; SPY -0.35% ; DIA -0.43%       
                   
  TLT -1.24% at 136.53              
  VIX +4.31% at 28.54              
                   
SPY   : Bearish   below 30ds SMA            
QQQ   : Bearish   below 30ds SMA            
DIA   : Bearish   below 30ds SMA            
IWM   : Bearish   below 30ds SMA            
                   
                   
Sectors                   
  2 sectors closed higher led by  XLY +0.57%  and  XLC +0.01%    Lower =  9      
  1            closing above 30d. SMA  and 10   closing below.
                   
XLY leaders     :    EXPE, LVS, KMX, NWL             
XLC leaders     :    NFLX, GOOGL, DIS, MTCH             
XLK leaders     :    MPWR, JKHY, QRVO             
                   
Uptrend XLE                 
Sideways XLP, XLF                
Downtrend XLY, XLC, XLK, XLI, XLB, XLU, XLV, XLRE               
                   
                   
Breath:                   
NYSE Weakened  as  Decliners led  939   to   2430 and  Nasdaq   Weakened   as  Decliners led 1483   to   3257   
                   
                   
NDX Leaders:                    
33 closing higher  and  66 closing Lower             
SPLK : +9.13% ;  MELI : +2.56% ;  TSLA : +1.83%         
                   
DJIA Leaders:                    
8 closing higher  and  22 closing Lower             
NKE : +1.01% ;  DIS : +0.92% ;  KO : +0.65%         
                   
SP500 Leaders:                    
103 closing higher  and  395 closing Lower             
WLTW : N/A ;  EXPE : +2.63% ;  LVS : +2.33%         
                   
NASDAQ 100                  
                   
Nasdaq Above 30MA    =  23                
SPLK, MELI, PANW, ABNB, AMZN, MAR, TMUS, JD, BKNG, CHTR, ZS, KDP, MU, BIDU, FTNT, ATVI, DLTR, TEAM, CRWD, PDD, DDOG, REGN, PTON      
                   
Stocks to watch on  Tuesday                
                   
 Nasdaq100  xsing above30   = 3               
  SPLK, MELI, PANW                
                   
 Nasdaq100  xsing below30  = 5               
  XLNX, EA, ORLY, VRTX, CTSH                
                   
                   
MACD Crossover:                 
Up   1                
SPLK                   
                   
Down   12                
CPRT, AAPL, MSFT, ADSK, MCHP, MNST, ILMN, NXPI, LULU, NTES, CSCO, AMGN            
                   

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)       ...