SPY Market Forecast 96.55 Bullish pointing up in the upper zone
0.7 PCALL - 10 day SMA (0.75 - 1.00)
SPY INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA
6-months UP
10-days UP
3-days UP
Indices
UP:
IWM +1.23% ; DIA +1.08% ; QQQ +0.82% ; SPY +0.74%
Down:
TLT +0.45% at 101.8
VIX -1.34% at 13.3
Sectors
8 sectors closed higher led by XLK +1.13% and XLF
+1.13% Lower = 3
10 sectors closing above 30d. SMA and
1 closing below.
XLK leaders : FISV, MSFT, FIS
XLF leaders : SIVB,
FRC, SCHW, MS
XLE leaders : APA,
CTRA, MRO, EOG
Uptrend XLK, XLF, XLB, XLC, XLI, XLY, XLRE
Sideways XLE, XLV, XLP, XLU
Downtrend
Breath:
NYSE Strengthened as Advancers
led 2,096 to 844 and Nasdaq Strengthened
as Advancers led 2,775 to 1,687
NDX Leaders:
57 closing higher and 43 closing Lower
FISV : N/A ; SIRI : +7.09% ; NFLX : +5.50%
DJIA Leaders:
21 closing higher and 9 closing Lower
MSFT : +3.98% ; UNH : +3.29% ; GS : +3.08%
SP500 Leaders:
317 closing higher and 179 closing Lower
FISV : N/A ; SCHW : +12.57% ; CZR : +7.39%
NASDAQ 100
Nasdaq Above 30MA = 87
SIRI, NFLX, MSFT, TEAM, WBD, CHTR,
RIVN, ODFL, MELI, FANG, NVDA, PCAR, AMGN, ZS, ADBE, MRVL, NXPI, EBAY, ADSK,
CSX, GEHC, ROST, MCHP, MAR, PYPL, BKR, BKNG, CTSH, TSLA, PAYX, GILD, INTU, ADP,
DDOG, CSCO, CMCSA, ABNB, CSGP, META, LULU, EA, SNPS, INTC, DXCM, ASML, ANSS, TMUS,
ISRG, VRTX, TXN, CRWD, LCID, COST, ADI, WDAY, CTAS, FTNT, CDNS, DLTR, KDP,
SBUX, AAPL, CPRT, AMD, VRSK, QCOM, ATVI, AMZN, LRCX, SGEN, ORLY
Stocks to watch on Wednesday
Nasdaq100 xsing above30 = 3
WBD, MELI, CSCO
Nasdaq100 xsing below30 = 4
XEL, PEP, FAST, JD
MACD Crossover:
Up 7
NFLX, CHTR, ODFL, TSLA, MDLZ, WDAY,
AMAT
Down 0
0.7 PCALL - 10 day SMA (0.75 - 1.00)
SPY INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA
Indices
TLT +0.45% at 101.8
Sectors
XLK leaders : FISV, MSFT, FIS
Uptrend XLK, XLF, XLB, XLC, XLI, XLY, XLRE
Breath:
NDX Leaders:
DJIA Leaders:
SP500 Leaders:
NASDAQ 100
Nasdaq Above 30MA = 87
Nasdaq100 xsing above30 = 3
Nasdaq100 xsing below30 = 4
MACD Crossover:
Down 0
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