Market forecast continues moving up suggesting a bounce. SPY still under 30ds SMA.

  SPY Market Forecast 34.82 Bullish pointing up in the middle zone                   
    0.67   PCALL - 10 day SMA (0.75 - 1.00)                 
    135.77   SKEW (120 - 140)                   
                         
 INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA                  
   6-months UP                     
   10-days DOWN                     
   3-days DOWN                     
                         
 Indices                        
 UP:     QQQ +0.80% ; IWM +0.47% ; SPY +0.36% ; DIA +0.03%            
 Down:                           
                         
   TLT +0.97% at 145.34                   
   VIX -6.10% at 18.64                   
                         
 SPY   : Bouced from lows forming a hammer   below 30ds SMA                 
 QQQ   : Bouced from lows forming a hammer   below 30ds SMA                 
 DIA   : Bouced from lows of the day   below 30ds SMA                 
 IWM   : Channel   Crossing above 30ds SMA                
                         
                         
 Sectors                        
   9 sectors closed higher led by  XLU +1.17%  and  XLB +0.75%    Lower =  2           
   3            closing above 30d. SMA  and 8   closing below.     
                         
 XLU leaders     :    ATO, NRG, XEL, SRE                  
 XLB leaders     :    FCX, ALB, NEM, APD                  
 XLK leaders     :    MXIM, AMD, XLNX, CTXS                  
                         
 Uptrend XLE                      
 Sideways XLB, XLK, XLRE, XLY, XLC, XLI, XLP, XLV, XLF                   
 Downtrend XLU                      
                         
                         
 Breath:                        
 NYSE Strengthened  as  Advancers led  2026   to   1239 and  Nasdaq   Strengthened  as  Advancers led 2653   to   1885        
                         
                         
 NDX Leaders:                         
 80 closing higher  and  22 closing Lower                  
 CRWD : +7.00% ;  OKTA : +5.12% ;  PDD : +4.34%              
                         
 DJIA Leaders:                         
 16 closing higher  and  14 closing Lower                  
 CRM : +1.94% ;  NKE : +1.92% ;  MSFT : +1.17%              
                         
 SP500 Leaders:                         
 283 closing higher  and  216 closing Lower                  
 MXIM : N/A ;  AMD : +3.92% ;  BLK : +3.78%              
                         
 NASDAQ 100                       
                         
 Nasdaq Above 30MA    =  36                     
 CRWD, PDD, AMD, SPLK, XLNX, WDAY, JD, BIDU, TEAM, KDP, SGEN, DXCM, TCOM, CSX, MSFT, CHKP, NTES, FOXA, NFLX, FOX, PEP, PCAR, TSLA, ADP, ORLY, CTAS, EBAY, VRSK, PAYX, MTCH, KHC, BKNG, MRVL, FAST, DLTR, MAR
                         
 Stocks to watch on  Thursday                     
                         
  Nasdaq100  xsing above30   = 6                    
   CRWD, PDD, AMD, WDAY, DXCM, MSFT                    
                         
  Nasdaq100  xsing below30  = 0                    
                         
                         
                         
 MACD Crossover:                      
 Up   10                     
 ASML, VRSN, TEAM, CDNS, QCOM, EXC, SNPS, IDXX, AMZN, CPRT                  
                         
 Down   4                     
 NFLX, ATVI, EA, MNST