SPY and QQQ bounced from support

SPY Market Forecast 82.28 Short-term bearish pointing down in the upper zone          
   0.5   PCALL - 10 day SMA (0.75 - 1.00)            
   136.64   SKEW (120 - 135)              
                   
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA              
  6-months UP                
  10-days SIDEWAYS                
  3-days SIDEWAYS                
                   
Indices                   
UP:     SPY +0.12% ; DIA +0.06% ;            
Down:           QQQ -0.30% ; IWM -0.88%       
                   
  TLT -0.29% at 141.77              
  VIX -1.45% at 23.11              
                   
Sectors                   
  8 sectors closed higher led by  XLE +1.65%  and  XLU +0.83%    Lower =  3      
  6            closing above 30d. SMA  and 5   closing below.
                   
XLE leaders     :    WMB, EOG, COP, VLO             
XLU leaders     :    XEL, WEC, ES, AEP              
XLC leaders     :    NFLX, FB, CMCSA, TMUS             
                   
Uptrend XLE, XLC, XLF, XLRE, XLB, XLI, XLK               
Sideways XLU, XLP, XLV, XLY                
Downtrend                  
                   
                   
Breath:                   
NYSE Weakened  as  Decliners led  1258   to   1975 and  Nasdaq   Weakened  as  Decliners led 1146   to   2939   
                   
                   
NDX Leaders:                    
36 closing higher  and  67 closing Lower             
MAR : +4.90% ;  XEL : +2.49% ;  NTES : +2.38%         
                   
DJIA Leaders:                    
16 closing higher  and  14 closing Lower             
DIS : +2.78% ;  V : +1.82% ;  CVX : +1.26%         
                   
SP500 Leaders:                    
269 closing higher  and  233 closing Lower             
MRO : +9.41% ;  WYNN : +7.68% ;  MGM : +5.52%         
                   
NASDAQ 100                  
                   
Nasdaq Above 30MA    =  51                
MAR, NTES, NFLX, TCOM, MU, FB, FISV, JD, CMCSA, CTXS, KLAC, AMAT, ADP, INTC, PAYX, BKNG, GOOG, GOOGL, ULTA, SWKS, ATVI, MCHP, KHC, EBAY, ASML, MSFT, EXPE, INTU, LRCX, AVGO, CSX, ADI, ROST, WDC, CTAS, MXIM, ILMN, DXCM, CDW, LBTYK, LBTYA, NVDA, FOX, FOXA, BIIB, IDXX, NXPI, NTAP, WDAY, PYPL, BIDU
                   
Stocks to watch on  Wednesday                
                   
 Nasdaq100  xsing above30   = 3               
  NTES, NFLX, FB                
                   
 Nasdaq100  xsing below30  = 6               
  TXN, ORLY, PCAR, ZM, ANSS, ALGN               
                   
                   
MACD Crossover:                 
Up   1                
XEL                   
                   
Down   6                
JD, KLAC, MCHP, VRSK, CDW, COST