8/5/2017 index ETFs and certain stocks update

SP500 ETF: SPY

1. Both breadth and volume oscillators start to turn north
2. The PMO buy signal is neutral
3. daily buy signal comes back again
4. buyers entry: 246.7, 245.68, 244.5
5. sellers entry: 247.5, 248, 250

Nasdaq 100 ETF: QQQ

1. Breadth oscillator start to turn north
2. Volume oscillator keep going lower, but this low level can turn north anytime from statistics
3. daily buy signal comes back.
4. upside target: 144.5, 145, 145.5, 146, if break out 149.
5. downside target: 143, 142.5, 142, 141.5

SPDR Dow Jones Industrial Average ETF: DIA

1. both breadth and volume oscillators keep moving up.
2. daily buy signal still exist
3. the strongest one in all index ETFs
4. buy entry/support: 218, 217.75, 217, 216.5, 215
5. upside target: 221

Russell 2000 ETF: IWM

1. Both breadth and volume oscillators turned north again (like last Thursday mentioned, it will turn back up soon)
2. the daily buy signal comes back
3. support: 141, 140, 139
4. resistance:  142, 144

Stocks to buy: FTNT, MU, XLNX