Market Forecast bullish posture passing to the middle upper zone in SPY. QQQ moving towards resistance after triggered bullish divergence. Consumer discretionary (XLY) lead the sectors to the upside

 SPY Market Forecast 52.64 Bullish pointing up in the middle zone                
   0.63   PCALL - 10 day SMA (0.75 - 1.00)              
   143.78   SKEW (120 - 140)                
                     
INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA               
  6-months UP                  
  10-days UP                  
  3-days UP                  
                     
Indices                     
UP:     QQQ +1.01% ; SPY +0.30% ;              
Down:           IWM -0.06% ; DIA -0.10%         
                     
  TLT +0.47% at 145.71                
  VIX +0.06% at 16.31                
                     
SPY   : HBO continuation    above 30ds SMA              
QQQ   : HBO Setup    above 30ds SMA              
DIA   : Bull flag Setup    above 30ds SMA              
IWM   : Channel    above 30ds SMA              
                     
                     
Sectors                     
  7 sectors closed higher led by  XLY +1.22%  and  XLK +0.85%    Lower =  4        
  7            closing above 30d. SMA  and 4   closing below.  
                     
XLY leaders     :    GPS, TSCO, AAP, TGT               
XLK leaders     :    MXIM, CDW, ENPH, AMD               
XLC leaders     :    TWTR, FB, NFLX, CHTR               
                     
Uptrend XLY, XLK, XLRE, XLE, XLF                  
Sideways XLC, XLI, XLB, XLP, XLV                  
Downtrend XLU                   
                     
                     
Breath:                     
NYSE Weakened  as  Decliners led  1596   to   1699 and  Nasdaq   Weakened  as  Decliners led 2025   to   2495     
                     
                     
NDX Leaders:                      
64 closing higher  and  37 closing Lower               
CDW : +4.79% ;  BIDU : +4.53% ;  CRWD : +4.48%           
                     
DJIA Leaders:                      
10 closing higher  and  20 closing Lower               
GS : +1.88% ;  HD : +1.31% ;  AAPL : +1.18%           
                     
SP500 Leaders:                      
235 closing higher  and  265 closing Lower               
MXIM : N/A ;  CDW : +4.79% ;  GPS : +4.56%           
                     
NASDAQ 100                    
                     
Nasdaq Above 30MA    =  60                  
BIDU, CRWD, AMD, DOCU, LULU, TSLA, PDD, ZM, NTES, MRVL, INTU, COST, ADBE, XLNX, OKTA, CPRT, DLTR, NVDA, NFLX, ORLY, JD, TEAM, CTAS, AAPL, AMZN, MSFT, GOOGL, GOOG, PAYX, FOXA, ADI, WDAY, ANSS, ADSK, FOX, TXN, CSX, VRSK, FISV, EXC, CTSH, AVGO, INTC, VRSN, HON, FAST, ADP, KHC, SGEN, PEP, MAR, CHKP, SPLK, EBAY, MTCH, PCAR, BKNG, KDP, XEL, TCOM
                     
Stocks to watch on  Wednesday                  
                     
 Nasdaq100  xsing above30   = 8                 
  DOCU, LULU, PDD, ZM, INTU, COST, ADBE, AAPL                
                     
 Nasdaq100  xsing below30  = 2                 
  MDLZ, WBA                  
                     
                     
MACD Crossover:                   
Up   3                  
MCHP, TXN, KLAC                   
                     
Down   2                  
AMGN, GILD