Friday, October 28, 2022

 Futures to Watch - Daily Setups                    
/ES[M22]   $3,922.25 ( 102.75 / +2.69% ) ; Setup:   HBO             
/GC[M22]   $1,648.40 ( -17.2 / -1.03% ) ; Setup:   BEAR             
/NQ[M22]   $11,619.25 ( 384 / +3.42% ) ; Setup:   HBO             
/CL[K22]   $88.27 ( -0.81 / -0.91% ) ; Setup:   BF             
                      
                      
                      
SPY Market Forecast   70.23 Bullish pointing up in the middle zone                 
   0.91   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Sideways- Price in between 30 &10 Wk SMA                
  6-months DOWN                   
  10-days UP                   
  3-days UP                   
                      
Indices                      
UP:     QQQ +3.06% ; DIA +2.53% ; SPY +2.38% ; IWM +2.27%          
Down:                         
                      
  TLT -0.69% at 96.8                 
  VIX -5.99% at 25.75                 
                      
SPY   : Uptrend   above 30ds SMA - above 10ds SMA             
QQQ   : Uptrend   above 30ds SMA - above 10ds SMA             
DIA   : Uptrend   above 30ds SMA - above 10ds SMA             
IWM   : Uptrend   above 30ds SMA - above 10ds SMA             
                      
                      
Sectors                      
  11 sectors closed higher led by  XLK +4.35%  and  XLU +2.74%    Lower =  0         
  10            closing above 30d. SMA  and 1   closing below.   
                      
XLK leaders     :    XLNX, INTC, VRSN                 
XLU leaders     :    NEE, DTE, PEG, XEL                 
XLC leaders     :    VIAC, DISCK, DISCA, FB                
                      
Uptrend  XLE                    
Sideways                      
Downtrend  XLK, XLU, XLC, XLF, XLRE, XLI, XLP, XLV, XLB, XLY                 
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led  2422   to   757 and  Nasdaq   Strengthened  as  Advancers led 3177   to   1488      
                      
                      
NDX Leaders:                        
90 closing higher  and  12 closing Lower                
DXCM : +19.38% ;  GILD : +12.92% ;  INTC : +10.66%            
                      
DJIA Leaders:                        
29 closing higher  and  1 closing Lower                
INTC : +10.66% ;  AAPL : +7.56% ;  HON : +4.30%            
                      
SP500 Leaders:                        
454 closing higher  and  46 closing Lower                
DXCM : +19.38% ;  GILD : +12.92% ;  INTC : +10.66%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   77                   
INTC, VRTX, AAPL, MELI, SWKS, NXPI, QCOM, AVGO, MU, XEL, LCID, ADI, TXN, MCHP, EXC, AEP, SBUX               
                      
Stocks to watch on    Monday                   
                      
 Nasdaq100  xsing above30   = 17                  
  INTC, VRTX, AAPL, MELI, SWKS, NXPI, QCOM, AVGO, MU, XEL, LCID, ADI, TXN, MCHP, EXC, AEP, SBUX            
                      
 Nasdaq100  xsing below30  = 0                  
                      
                      
                      
MACD Crossover:                      
Up   3                   
VRTX, REGN, PDD                      
                      
Down   3                   
SIRI, JD, AMZN                      
                      

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SPY touched all times high once again and reversed at close

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