SPY MFC is short term defensive pointing down in the upper zone. SKEW is over 135.

SPY Market Forecast 90.94 Short-term bearish pointing down in the upper zone            
   0.59   PCALL - 10 day SMA (0.75 - 1.00)              
   146.12   SKEW (120 - 135)                
                     
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA                
  6-months UP                  
  10-days SIDEWAYS                  
  3-days SIDEWAYS                  
                     
Indices                     
UP:     DIA +0.23% ; SPY +0.03% ;              
Down:           QQQ -0.34% ; IWM -0.40%         
                     
  TLT +0.16% at 139.69                
  VIX -1.69% at 19.15                
                     
Sectors                     
  5 sectors closed higher led by  XLE +3.23%  and  XLB +1.27%    Lower =  6        
  9            closing above 30d. SMA  and 2   closing below.  
                     
XLE leaders     :    SLB, COP, MPC, XOM               
XLB leaders     :    LIN, DOW, DD, NEM               
XLF leaders     :    GS, C, BLK, JPM                
                     
Uptrend XLE, XLB, XLF, XLV, XLI, XLP, XLC, XLK, XLY, XLRE, XLU               
Sideways                    
Downtrend                    
                     
                     
Breath:                     
NYSE Strengthened  as  Advancers led  1762   to   1570 and  Nasdaq   Weakened  as  Advancers led 1909   to   2347     
                     
                     
NDX Leaders:                      
45 closing higher  and  58 closing Lower               
TMUS : +4.40% ;  ASML : +2.05% ;  WDC : +1.93%           
                     
DJIA Leaders:                      
18 closing higher  and  12 closing Lower               
DOW : +2.79% ;  CVX : +2.69% ;  MRK : +2.25%           
                     
SP500 Leaders:                      
276 closing higher  and  228 closing Lower               
DVN : +7.59% ;  UA : +7.15% ;  UAA : +6.91%           
                     
NASDAQ 100                    
                     
Nasdaq Above 30MA    =  37                  
TMUS, ASML, FAST, NTAP, MXIM, GILD, ALXN, MDLZ, WBA, LBTYK, IDXX, LBTYA, GOOGL, KHC, CTSH, BIIB, TCOM, CHTR, GOOG, ORLY, PEP, CHKP, ADP, VRSN, CMCSA, PAYX, CSX, CTAS, CPRT, COST, LULU, FB, CERN, ISRG, NTES, XEL, ROST
                     
Stocks to watch on  Thursday                  
                     
 Nasdaq100  xsing above30   = 3                 
  TMUS, ASML, MXIM                  
                     
 Nasdaq100  xsing below30  = 9                 
  REGN, ULTA, BMRN, AMZN, MNST, ALGN, CDW, EXC, VRSK               
                     
                     
MACD Crossover:                   
Up   2                  
GILD, CHKP                    
                     
Down   3                  
VRSN, MAR, ROST