Indices bounced from lows. SPY tried to break support and bounced from session lows finding buyer at 427.25 and up.

 
Markets moved higher led by IWM, bouncing from support. In the final 30 minutes, all indices retraced from their session highs. VIX dropped 8.6% to 21.15.

SPY is still in the middle of the downtrend channel, below 30 and 10 dma.

SPY Market Forecast 24.75 Bearish pointing down in the middle zone                 
   0.68   PCALL - 10 day SMA (0.75 - 1.00)                 
   135.05   SKEW (120 - 135)                   
                        
INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA                  
  6-months UP                     
  10-days DOWN                     
  3-days DOWN                     
                        
Indices                        
UP:     IWM +1.61% ; DIA +1.45% ; SPY +1.19% ; QQQ +0.62%            
Down:                           
                        
  TLT +0.71% at 145.35                   
  VIX -8.60% at 21.15                   
                        
SPY   : Bounced at support    below 30ds SMA                 
QQQ   : Bounced at support    below 30ds SMA                 
DIA   : Bounced at support    below 30ds SMA                 
IWM   : Channel    below 30ds SMA                 
                        
                        
Sectors                        
  10 sectors closed higher led by  XLE +3.36%  and  XLC +1.69%    Lower =  0           
  2            closing above 30d. SMA  and 9   closing below.     
                        
XLE leaders     :    OXY, PXD, EOG, FANG                  
XLC leaders     :    LYV, DIS, DISH, IPG                   
XLF leaders     :    AXP, WLTW, DFS, KEY                  
                        
Uptrend XLE                      
Sideways XLC, XLF, XLB, XLK, XLI, XLRE, XLY, XLP, XLV                   
Downtrend XLU                      
                        
                        
Breath:                        
NYSE Strengthened  as  Advancers led  2341   to   1002 and  Nasdaq   Strengthened  as  Advancers led 2787   to   1717        
                        
                        
NDX Leaders:                         
67 closing higher  and  35 closing Lower                  
MAR : +5.32% ;  BKNG : +3.45% ;  MSFT : +2.55%              
                        
DJIA Leaders:                         
26 closing higher  and  4 closing Lower                  
MRK : +8.37% ;  DIS : +4.04% ;  AXP : +3.83%              
                        
SP500 Leaders:                         
399 closing higher  and  103 closing Lower                  
MXIM : N/A ;  CF : +9.53% ;  PENN : +8.52%              
                        
NASDAQ 100                       
                        
Nasdaq Above 30MA    =  18                     
MAR, BKNG, PAYX, DLTR, SGEN, FOXA, FOX, INTC, MTCH, EA, TXN, TCOM, DXCM, NFLX, TEAM, TSLA, KHC, ORLY              
                        
Stocks to watch on  Sunday                     
                        
 Nasdaq100  xsing above30   = 1                    
  INTC                      
                        
 Nasdaq100  xsing below30  = 0                    
                        
                        
                        
MACD Crossover:                      
Up   3                     
CMCSA, HON, XEL                      
                        
Down   1                     
ORLY