Friday, December 30, 2022

Last trading day of 2022. Wishing everyone a great 2023.

 Futures to Watch - Daily Setups                    
/ES[H23]   $3,866.75 ( -5 / -0.13% ) ; Setup:   BEAR             
/CL[F23]   $80.33 ( 1.93 / +2.46% ) ; Setup:   HBO             
/NQ[H23]   $11,040.75 ( 8 / +0.07% ) ; Setup:   BEAR             
/GC[G23]   $1,830.20 ( 4.2 / +0.23% ) ; Setup:   HBO             
                      
                      
                      
SPY Market Forecast   18.47 Bearish pointing down in the lower zone                 
   1.1   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Downtrend- Price below 30 &10 Wk SMA                 
  6-months DOWN                   
  10-days SIDEWAYS                   
  3-days SIDEWAYS                   
                      
Indices                      
UP:                         
Down:     QQQ -0.06% ; DIA -0.22% ; SPY -0.26% ; IWM -0.28%          
                      
  TLT -1.11% at 99.56                 
  VIX +1.07% at 21.67                 
                      
SPY   : Sideways   below 30ds SMA - above 10ds SMA             
QQQ   : Down    below 30ds SMA - below 10ds SMA             
DIA   : Sideways   below 30ds SMA - above 10ds SMA             
IWM   : Sideways   below 30ds SMA - above 10ds SMA             
                      
                      
Sectors                      
  2 sectors closed higher led by  XLE +0.63%  and  XLC +0.04%    Lower =  9         
  0            closing above 30d. SMA  and 11   closing below.   
                      
XLE leaders     :    APA, COP, HAL, BKR                
XLC leaders     :    VIAC, DISCK, DISCA, FB                
XLK leaders     :    XLNX, CTXS, NLOK                 
                      
Uptrend  XLV, XLI                   
Sideways  XLE, XLF, XLY, XLP, XLB, XLU                   
Downtrend  XLC, XLK, XLRE                   
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led  1402   to   1711 and  Nasdaq   Weakened   as  Decliners led 2256   to   2375      
                      
                      
NDX Leaders:                        
40 closing higher  and  62 closing Lower                
LCID : +1.94% ;  NFLX : +1.29% ;  LULU : +1.12%            
                      
DJIA Leaders:                        
11 closing higher  and  19 closing Lower                
BA : +0.84% ;  INTC : +0.84% ;  CVX : +0.66%            
                      
SP500 Leaders:                        
133 closing higher  and  361 closing Lower                
CTXS : N/A ;  NLOK : N/A ;  TTWO : +2.75%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   21                   
                      
                      
Stocks to watch on    Monday                   
                      
 Nasdaq100  xsing above30   = 0                  
                      
                      
 Nasdaq100  xsing below30  = 8                  
  HON, FISV, MDLZ, ISRG, PDD, AEP, CTAS, JD                 
                      
                      
MACD Crossover:                      
Up   12                   
LULU, TMUS, SIRI, ABNB, META, VRSN, AMZN, ZM, PAYX, EBAY, VRSK, MU                 
                      
Down   3                   
MNST, NTES, MELI                      
                      

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SPY touched all times high once again and reversed at close

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