SPY Market Forecast 97.39 Bullish pointing up in the upper zone
0.83 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 +0.63% ; DIA +0.50% ; QQQ +0.41% ; SPY +0.39%
Down:
TLT +0.35% at 90.87
VIX -4.12% at 12.8
Sectors
10 sectors closed higher led by XLC +0.82% and XLP
+0.72% Lower = 1
10 sectors closing above 30d. SMA and
1 closing below.
XLC leaders : BIDU, RBLX, WMG, NWSA
XLP leaders : CELH,
EL, STZ, KR
XLV leaders : ELV,
BMY, HCA
Uptrend XLC, XLK, XLE
Sideways XLP, XLV, XLF, XLY, XLRE, XLI, XLB
Downtrend XLU
Breath:
NYSE Strengthened as Advancers
led 1,807 to 1,013 and Nasdaq Strengthened
as Advancers led 2,721 to 1,607
NDX Leaders:
72 closing higher and 29 closing Lower
EBAY : +3.09% ; AMD : +2.81% ; MELI : +1.97%
DJIA Leaders:
23 closing higher and 7 closing Lower
MMM : +1.47% ; NKE : +1.29% ; MSFT : +1.28%
SP500 Leaders:
390 closing higher and 114 closing Lower
EBAY : +3.09% ; HPQ : +2.83% ; AMD : +2.81%
NASDAQ 100
Nasdaq Above 30MA = 79
EBAY, AMD, MELI, AMZN, ENPH, ABNB,
PYPL, DXCM, KDP, KHC, MRVL, ADBE, LRCX, META, MAR, MSFT, ISRG, GOOGL, SIRI,
GOOG, CSX, CTSH, PEP, JD, COST, ORLY, ADI, MNST, WBD, MDLZ, XEL, GFS, CSGP,
NFLX, KLAC, CEG, HON, MU, PAYX, CPRT, QCOM, INTU, AAPL, TXN, CRWD, GEHC, CTAS,
FAST, AEP, TMUS, ROST, DDOG, AMAT, IDXX, SNPS, VRSK, PDD, INTC, ASML, EA, CDNS,
ADP, MCHP, PCAR, SBUX, ODFL, CMCSA, PANW, ANSS, ZS, LULU
Stocks to watch on Friday
Nasdaq100 xsing above30 = 0
Nasdaq100 xsing below30 = 2
TEAM, ADSK
MACD Crossover:
Up 0
Down 4
SIRI, QCOM, AMAT, ADSK
0.83 PCALL - 10 day SMA (0.75 - 1.00)
SPY INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA
Indices
TLT +0.35% at 90.87
Sectors
XLC leaders : BIDU, RBLX, WMG, NWSA
Uptrend XLC, XLK, XLE
Breath:
NDX Leaders:
DJIA Leaders:
SP500 Leaders:
NASDAQ 100
Nasdaq Above 30MA = 79
Nasdaq100 xsing above30 = 0
Nasdaq100 xsing below30 = 2
MACD Crossover:
Down 4