Tuesday, December 13, 2022

 Futures to Watch - Daily Setups                    
/ES[H23]   $4,054.75 ( 29.75 / +0.74% ) ; Setup:   BEAR             
/CL[F23]   $75.21 ( 2.04 / +2.79% ) ; Setup:   CHANNEL            
/NQ[H23]   $11,954.25 ( 124.5 / +1.05% ) ; Setup:   CHANNEL            
/GC[G23]   $1,822.50 ( 30.2 / +1.68% ) ; Setup:   HBO             
                      
                      
                      
SPY Market Forecast   67.58 Bullish pointing up in the middle zone                 
   0.89   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Uptrend- Price above 30 &10 Wk SMA                 
  6-months SIDEWAYS                   
  10-days SIDEWAYS                   
  3-days UP                   
                      
Indices                      
UP:     QQQ +1.08% ; IWM +0.83% ; SPY +0.76% ; DIA +0.35%          
Down:                         
                      
  TLT +0.97% at 107.7                 
  VIX -9.80% at 22.55                 
                      
SPY   : Up    above 30ds SMA - below 10ds SMA             
QQQ   : UP    above 30ds SMA - below 10ds SMA             
DIA   : Up    above 30ds SMA - below 10ds SMA             
IWM   : Down    below 30ds SMA - below 10ds SMA             
                      
                      
Sectors                      
  9 sectors closed higher led by  XLRE +2.20%  and  XLE +1.90%    Lower =  1         
  9            closing above 30d. SMA  and 2   closing below.   
                      
XLRE leaders     :    CBRE, EQIX, SBAC, AMT                
XLE leaders     :    HAL, APA, SLB, BKR                
XLC leaders     :    VIAC, DISCK, DISCA, FB                
                      
Uptrend  XLB, XLK, XLI, XLV, XLF, XLP                   
Sideways  XLRE, XLE, XLC, XLU, XLY                   
Downtrend                      
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led  2224   to   937 and  Nasdaq   Strengthened  as  Advancers led 2724   to   1885      
                      
                      
NDX Leaders:                        
73 closing higher  and  28 closing Lower                
MRNA : +19.63% ;  MTCH : +7.67% ;  DOCU : +7.32%            
                      
DJIA Leaders:                        
20 closing higher  and  10 closing Lower                
CVX : +2.23% ;  CRM : +1.89% ;  MRK : +1.78%            
                      
SP500 Leaders:                        
351 closing higher  and  144 closing Lower                
CTXS : N/A ;  MRNA : +19.63% ;  HAL : +7.87%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   73                   
MRNA, REGN, MTCH, GOOGL, GOOG, AAPL                   
                      
Stocks to watch on    Wednesday                   
                      
 Nasdaq100  xsing above30   = 6                  
  MRNA, REGN, MTCH, GOOGL, GOOG, AAPL                 
                      
 Nasdaq100  xsing below30  = 3                  
  KDP, FAST, VRTX                   
                      
                      
MACD Crossover:                      
Up   8                   
AVGO, LRCX, META, MSFT, ADSK, ODFL, DXCM, CRWD                   
                      
Down   3                   
PDD, KHC, ABNB                      
                      

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