SPY Market forecast is bullish. Markets still in the channel. XLY and XLRE led the sectors

 
SPY Market Forecast 62.17 Short-term bullish pointing up in the middle zone                 
   0.65   PCALL - 10 day SMA (0.75 - 1.00)                 
   144.6   SKEW (120 - 135)                   
                        
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA                   
  6-months UP                     
  10-days SIDEWAYS                     
  3-days UP                     
                        
Indices                        
UP:     QQQ +0.14% ;                    
Down:        SPY -0.22% ; DIA -0.23% ; IWM -0.97%            
                        
  TLT +0.93% at 139.46                   
  VIX +2.39% at 18.84                   
                        
Sectors                        
  4 sectors closed higher led by  XLY +0.32%  and  XLRE +0.28%    Lower =  7           
  8            closing above 30d. SMA  and 3   closing below.     
                        
XLY leaders     :    TJX, LOW, DG, HD                   
XLRE leaders     :    EQIX, CCI, DLR, SBAC                  
XLP leaders     :    COST, WMT, PG, PEP                  
                        
Uptrend XLY, XLRE, XLP, XLK, XLC, XLI, XLV, XLB, XLF, XLU, XLE                  
Sideways                       
Downtrend                       
                        
                        
Breath:                        
NYSE Weakened  as  Decliners led  1228   to   2062 and  Nasdaq   Weakened  as  Decliners led 1512   to   2718        
                        
                        
NDX Leaders:                         
51 closing higher  and  51 closing Lower                  
SNPS : +2.92% ;  AMAT : +2.17% ;  ASML : +2.02%              
                        
DJIA Leaders:                         
10 closing higher  and  20 closing Lower                  
BA : +1.39% ;  DIS : +1.07% ;  HD : +0.61%              
                        
SP500 Leaders:                         
164 closing higher  and  337 closing Lower                  
F : -1.91% ;  LW : -0.22% ;  BA : +1.39%              
                        
NASDAQ 100                       
                        
Nasdaq Above 30MA    =  55                     
SNPS, AMAT, ASML, ADBE, CERN, ISRG, EXPE, TCOM, IDXX, FB, LRCX, NTES, EA, ADI, ADSK, PYPL, EBAY, MXIM, COST, MCHP, PEP, CTAS, NVDA, NXPI, KLAC, GOOG, GOOGL, AVGO, ATVI, CMCSA, MDLZ, TXN, VRSN, ZM, CSCO, TTWO, CPRT, FAST, INTU, ALXN, LBTYK, XEL, TMUS, ILMN, LBTYA, PAYX, KHC, ADP, NTAP, CHTR, WDC, WBA, ALGN, SGEN, BIIB
                        
Stocks to watch on  Wednesday                     
                        
 Nasdaq100  xsing above30   = 4                    
  ADBE, ISRG, EXPE, PYPL                     
                        
 Nasdaq100  xsing below30  = 5                    
  REGN, CHKP, GILD, EXC, SIRI                     
                        
                        
MACD Crossover:                      
Up   3                     
ULTA, ISRG, CTAS                      
                        
Down   3                     
ALXN, WBA, BIIB