QQQ up and reached all times high in the intraday. Only one sector finished higher. SPY Forecast defensive

 SPY Market Forecast 94.08 Defensive pointing down in the upper zone              
   0.54   PCALL - 10 day SMA (0.75 - 1.00)            
   140.6   SKEW (120 - 140)              
                   
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA              
  6-months UP                
  10-days UP                
  3-days UP                
                   
Indices                   
UP:     QQQ +0.23% ;               
Down:        SPY -0.44% ; DIA -0.70% ; IWM -1.84%       
                   
  TLT +1.82% at 147.74              
  VIX +6.26% at 16.98              
                   
SPY   : Bull Flag Setup    above 30ds SMA            
QQQ   : New all times highs    above 30ds SMA            
DIA   : Bull Flag Setup    above 30ds SMA            
IWM   : Channel Testing Resistance    above 30ds SMA            
                   
                   
Sectors                   
  1 sectors closed higher led by  XLY +0.22%  and  XLK -0.09%    Lower =  10      
  10            closing above 30d. SMA  and 1   closing below.
                   
XLY leaders     :    HAS, LVS, DPZ, MCD             
XLK leaders     :    MXIM, ENPH, JNPR, TER             
XLC leaders     :    GOOGL, GOOG, TMUS             
                   
Uptrend XLY, XLK, XLC, XLRE, XLV, XLI, XLB, XLF, XLE              
Sideways XLP, XLU                
Downtrend                  
                   
                   
Breath:                   
NYSE Weakened  as  Decliners led  938   to   2379 and  Nasdaq   Weakened   as  Decliners led 1344   to   3187   
                   
                   
NDX Leaders:                    
23 closing higher  and  79 closing Lower             
XLNX : +5.22% ;  GOOGL : +4.96% ;  GOOG : +4.84%         
                   
DJIA Leaders:                    
6 closing higher  and  24 closing Lower             
MSFT : +4.21% ;  MCD : +2.67% ;  KO : +1.93%         
                   
SP500 Leaders:                    
83 closing higher  and  420 closing Lower             
MXIM : N/A ;  ENPH : +24.65% ;  JNPR : +8.48%         
                   
NASDAQ 100                  
                   
Nasdaq Above 30MA    =  60                
XLNX, GOOGL, GOOG, MSFT, MAR, TSLA, NTES, ADP, ASML, SWKS, INTU, COST, CSCO, AMZN, CSX, LULU, WDAY, ISRG, MRVL, EXC, AEP, PEP, AAPL, ADBE, REGN, DLTR, AMD, QCOM, BIDU, MDLZ, JD, NFLX, FAST, PAYX, DOCU, CPRT, EBAY, ORLY, NVDA, SBUX, DXCM, PCAR, CTSH, ADSK, EA, VRSK, ANSS, SGEN, CTAS, IDXX, CHKP, AVGO, ZM, OKTA, SPLK, ATVI, SNPS, TEAM, CRWD, CDNS
                   
Stocks to watch on  Thursday                
                   
 Nasdaq100  xsing above30   = 2               
  ASML, SWKS                
                   
 Nasdaq100  xsing below30  = 18               
  BKNG, KDP, HON, ILMN, XEL, VRTX, VRSN, CDW, WBA, ROST, CERN, MTCH, FOX, FOXA, TXN, ADI, PTON, FISV        
                   
                   
MACD Crossover:                 
Up   2                
GOOGL, GOOG                  
                   
Down   14                
NTES, BIDU, JD, PDD, PCAR, CTSH, XEL, CHKP, WBA, SPLK, MTCH, BIIB, TXN, FISV            
                   
                   
SETUPS                  
BF  : ADBE, NVDA, CDNS, CPRT, CTAS, CTSH, SNPS, SPLK, PAYX, EBAY, DOCU, ADSK, CRWD, FAST, JD, NFLX, NTES, ISRG, MRVL, ORLY, AVGO     
HBO  : PCAR, PEP, ASML, COST, AMD, CSCO, DLTR, AEP              
2T  :                  
MACD  :                  
CHANNEL  : BIDU, ZM, OKTA                
BEAR  :                  
NH  : MSFT, WDAY, XLNX, TSLA, INTU, ADP, CSX, GOOGL, GOOG, LULU            
EPS  : AAPL, AMZN, SBUX, CHKP, IDXX, QCOM, SWKS, EXC, VRSK, ATVI, EA, MAR, REGN, MDLZ, DXCM, ANSS, SGEN, TEAM