Long expected red candle in the SPY.

SPY Market Forecast 98.21 Short-term bearish pointing down in the upper zone           
   0.54   PCALL - 10 day SMA (0.75 - 1.00)             
   137.67   SKEW (120 - 135)               
                    
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA               
  6-months UP                 
  10-days UP                 
  3-days UP                 
                    
Indices                    
UP:     IWM +0.99% ; DIA +0.22% ;             
Down:           SPY -0.34% ; QQQ -1.20%        
                    
  TLT -0.32% at 138.04               
  VIX +2.04% at 16.99               
                    
Sectors                    
  5 sectors closed higher led by  XLE +2.78%  and  XLB +0.72%    Lower =  6       
  10            closing above 30d. SMA  and 1   closing below.
                    
XLE leaders     :    EOG, SLB, COP, XOM              
XLB leaders     :    DOW, CTVA, DD, ECL              
XLF leaders     :    WFC, GS, BAC, C               
                    
Uptrend XLE, XLB, XLF, XLU, XLI, XLV, XLP, XLRE, XLY, XLC, XLK              
Sideways                   
Downtrend                   
                    
                    
Breath:                    
NYSE Strengthened  as  Advancers led  1924   to   1359 and  Nasdaq   Strengthened  as  Advancers led 2283   to   1914    
                    
                    
NDX Leaders:                     
28 closing higher  and  75 closing Lower              
NTAP : +2.65% ;  SGEN : +2.35% ;  BKNG : +2.08%          
                    
DJIA Leaders:                     
15 closing higher  and  15 closing Lower              
GS : +2.34% ;  TRV : +2.12% ;  CVX : +1.99%          
                    
SP500 Leaders:                     
263 closing higher  and  238 closing Lower              
FCX : +7.89% ;  FANG : +6.05% ;  NOV : +5.91%          
                    
NASDAQ 100                   
                    
Nasdaq Above 30MA    =  87                 
NTAP, BKNG, INCY, SIRI, CDW, CPRT, ALXN, REGN, DXCM, DOCU, NTES, GILD, EXC, BMRN, CSX, VRTX, MAR, PAYX, ORLY, LBTYA, ROST, ASML, XEL, LBTYK, FAST, CHKP, ALGN, AMGN, SBUX, WBA, CERN, LULU, ADSK, EA, ADP, ADI, TXN, FISV, IDXX, GOOG, GOOGL, COST, CSCO, MXIM, MDLZ, VRSN, PEP, MCHP, TTWO, TMUS, LRCX, AMAT, SWKS, ADBE, ATVI, VRSK, CTXS, ULTA, NXPI, CDNS, ISRG, SPLK, MSFT, MNST, CSGP, ANSS, CTSH, SNPS, CTAS, INTC, AVGO, KHC, MU, EBAY, AAPL, INTU, QCOM, AMZN, KLAC, FB, WDAY, DLTR, NFLX, NVDA, PYPL, MELI, TSLA
                    
Stocks to watch on  Thursday                 
                    
 Nasdaq100  xsing above30   = 1                
  MAR                  
                    
 Nasdaq100  xsing below30  = 5                
  PCAR, WDC, AMD, XLNX, ZM                
                    
                    
MACD Crossover:                  
Up   4                 
NTAP, REGN, FOX, FOXA                 
                    
Down   13                 
ADI, FISV, MXIM, VRSN, LRCX, CTSH, AVGO, WDC, MU, QCOM, XLNX, KLAC, FB