SKEW jumped to 146.32 and SPY MFC showing a short term defensive signal.

SPY Market Forecast 96.06 Short-term bearish pointing down in the upper zone               
   0.59   PCALL - 10 day SMA (0.75 - 1.00)                 
   146.32   SKEW (120 - 135)                   
                        
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA                   
  6-months UP                     
  10-days UP                     
  3-days SIDEWAYS                     
                        
Indices                        
UP:                           
Down:     DIA -0.48% ; SPY -0.66% ; QQQ -0.66% ; IWM -1.36%            
                        
  TLT +0.23% at 138.64                   
  VIX +5.68% at 18.61                   
                        
Sectors                        
  4 sectors closed higher led by  XLU +0.79%  and  XLRE +0.66%    Lower =  7           
  11            closing above 30d. SMA  and 0   closing below.     
                        
XLU leaders     :    SO, WEC, ES, DUK                   
XLRE leaders     :    DLR, EQIX, AMT, PSA                  
XLY leaders     :    MCD, TGT, DG, AMZN                  
                        
Uptrend XLU, XLRE, XLY, XLP, XLV, XLI, XLF, XLB, XLC, XLK, XLE                  
Sideways                       
Downtrend                       
                        
                        
Breath:                        
NYSE Weakened  as  Decliners led  1092   to   2245 and  Nasdaq   Weakened  as  Decliners led 1348   to   2877        
                        
                        
NDX Leaders:                         
16 closing higher  and  87 closing Lower                  
TSLA : +4.79% ;  SGEN : +3.25% ;  VRTX : +2.99%              
                        
DJIA Leaders:                         
9 closing higher  and  21 closing Lower                  
AMGN : +2.10% ;  MRK : +1.11% ;  VZ : +0.82%              
                        
SP500 Leaders:                         
133 closing higher  and  371 closing Lower                  
AON : +5.31% ;  TSLA : +4.79% ;  FTNT : +4.48%              
                        
NASDAQ 100                       
                        
Nasdaq Above 30MA    =  64                     
TSLA, SGEN, VRTX, ALXN, XEL, ORLY, INCY, CHTR, ISRG, PEP, ULTA, EXC, AMZN, SBUX, MSFT, MDLZ, ROST, VRSK, CERN, VRSN, COST, CSX, CMCSA, IDXX, WDC, DOCU, LBTYA, GOOG, MNST, EXPE, CPRT, KHC, INTU, CHKP, MELI, LBTYK, FAST, CTSH, FB, TMUS, BKNG, ALGN, ADSK, ADBE, AAPL, GOOGL, ANSS, MAR, AMAT, NVDA, PYPL, ASML, LULU, CDW, TCOM, NTES, QCOM, AMD, NTAP, EA, MXIM, LRCX, XLNX, DXCM
                        
Stocks to watch on  Monday                     
                        
 Nasdaq100  xsing above30   = 3                    
  TSLA, SGEN, VRTX                     
                        
 Nasdaq100  xsing below30  = 12                    
  DLTR, REGN, CSCO, CTAS, PAYX, SNPS, CSGP, BMRN, WDAY, ADI, MCHP, SWKS                
                        
                        
MACD Crossover:                      
Up   2                     
ORLY, BIIB                       
                        
Down   14                     
ISRG, ZM, IDXX, DOCU, MELI, FOX, ILMN, PAYX, BMRN, EA, WDAY, MXIM, SWKS, DXCM