SPY Market Forecast 80.8 Defensive pointing down
in the upper zone
0.74 PCALL - 10 day SMA (0.75 - 1.00)
SPY INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA
6-months UP
10-days DOWN
3-days DOWN
Indices
UP:
DIA +0.09% ;
Down:
IWM -0.20% ; SPY -0.32% ; QQQ -0.51%
TLT -1.52% at 97.22
VIX +0.64% at 14.13
Sectors
3 sectors closed higher led by XLV +0.50% and XLF
+0.40% Lower = 8
9 sectors closing above 30d. SMA and
2 closing below.
XLV leaders : NVO, BAYRY, MRK
XLF leaders : COIN,
ADYEY, MS, COF
XLI leaders : RELX,
TT, FERG, JCI
Uptrend XLV, XLF, XLI, XLP, XLRE, XLB, XLC, XLY, XLK
Sideways XLU, XLE
Downtrend
Breath:
NYSE Weakened as Decliners
led 1,384 to 1,421 and Nasdaq Weakened
as Decliners
led 2,014 to 2,208
NDX Leaders:
47 closing higher and 53 closing Lower
MRVL : +2.31% ; VRTX : +1.32% ; DXCM : +1.30%
DJIA Leaders:
16 closing higher and 14 closing Lower
MRK : +1.95% ; AMGN : +0.82% ; AXP : +0.76%
SP500 Leaders:
250 closing higher and 252 closing Lower
CCL : +3.06% ; EPAM : +2.68% ; DG : +2.65%
NASDAQ 100
Nasdaq Above 30MA = 58
MRVL, VRTX, DXCM, TEAM, GILD, NFLX,
FTNT, ILMN, AMGN, META, ADSK, AZN, IDXX, GEHC, COST, MU, CRWD, AMD, ADP, MAR,
WBD, MNST, ROST, CTAS, ISRG, BKNG, TTWO, ANSS, XEL, HON, CSX, TMUS, MRNA, ZS,
AEP, SPLK, MDLZ, CTSH, SIRI, INTC, DLTR, LULU, CCEP, WDAY, REGN, KHC, PDD,
CSCO, PEP, AVGO, QCOM, BIIB, PCAR, TXN, GOOG, GOOGL, FANG, WBA
Stocks to watch on Friday
Nasdaq100 xsing above30 = 3
NFLX, ADSK, WBD
Nasdaq100 xsing below30 = 5
KDP, CMCSA, BKR, GFS, ON
MACD Crossover:
Up 0
Down 1
BIIB
0.74 PCALL - 10 day SMA (0.75 - 1.00)
SPY INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA
Indices
TLT -1.52% at 97.22
Sectors
XLV leaders : NVO, BAYRY, MRK
Uptrend XLV, XLF, XLI, XLP, XLRE, XLB, XLC, XLY, XLK
Breath:
NDX Leaders:
DJIA Leaders:
SP500 Leaders:
NASDAQ 100
Nasdaq Above 30MA = 58
Nasdaq100 xsing above30 = 3
Nasdaq100 xsing below30 = 5
MACD Crossover:
Down 1
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