SPY bounced from 50% retracement

 
SPY Market Forecast 68.13 Short-term bearish pointing down in the middle zone          
   0.6   PCALL - 10 day SMA (0.75 - 1.00)            
   140.86   SKEW (120 - 135)              
                   
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA              
  6-months UP                
  10-days SIDEWAYS                
  3-days DOWN                
                   
Indices                   
UP:     IWM +2.37% ; DIA +0.65% ; SPY +0.56% ;         
Down:              QQQ -0.17%       
                   
  TLT -0.79% at 137.14              
  VIX -6.56% at 19.81              
                   
Sectors                   
  9 sectors closed higher led by  XLF +1.68%  and  XLI +1.60%    Lower =  2      
  7            closing above 30d. SMA  and 4   closing below.
                   
XLF leaders     :    WFC, AXP, C, BAC              
XLI leaders     :    BA, GE, RTX, UPS              
XLB leaders     :    PPG, SHW, DOW, LIN             
                   
Uptrend XLF, XLI, XLB, XLE, XLC                
Sideways XLU, XLP, XLY, XLRE, XLV, XLK               
Downtrend                  
                   
                   
Breath:                   
NYSE Strengthened  as  Advancers led  2137   to   1136 and  Nasdaq   Strengthened  as  Advancers led 2670   to   1544   
                   
                   
NDX Leaders:                    
61 closing higher  and  42 closing Lower             
EXPE : +5.13% ;  BIIB : +3.12% ;  ROST : +3.04%         
                   
DJIA Leaders:                    
23 closing higher  and  7 closing Lower             
BA : +3.32% ;  AXP : +2.79% ;  TRV : +2.34%         
                   
SP500 Leaders:                    
403 closing higher  and  101 closing Lower             
DRI : +8.19% ;  EXPE : +5.13% ;  GPS : +5.01%         
                   
NASDAQ 100                  
                   
Nasdaq Above 30MA    =  39                
EXPE, BIIB, KHC, COST, NTAP, MAR, SBUX, NXPI, FAST, CDW, CSCO, ORLY, LBTYK, CSX, LBTYA, PAYX, FOX, EXC, ASML, ADP, TMUS, MDLZ, CMCSA, SIRI, XEL, CERN, PEP, DLTR, FOXA, AMGN, CTSH, MNST, CTXS, WBA, TXN, FISV, AMAT, FB, CHTR
                   
Stocks to watch on  Friday                
                   
 Nasdaq100  xsing above30   = 0               
                   
                   
 Nasdaq100  xsing below30  = 3               
  GILD, VRSN, VRSK                
                   
                   
MACD Crossover:                 
Up   0                
                   
                   
Down   9                
LBTYA, AVGO, SIRI, XLNX, BMRN, WDAY, CPRT, CHKP, NTES