Market Forecast defensive to bearish. All indices finished lower lead by IWM (-1.16%). Energy (XLE) and Financials (XLF) sectors closed higher.

 
SPY Market Forecast 73.41 Bearish pointing down in the middle zone              
   0.6   PCALL - 10 day SMA (0.75 - 1.00)              
   139.14   SKEW (120 - 140)                
                     
INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA               
  6-months UP                  
  10-days UP                  
  3-days DOWN                  
                     
Indices                     
UP:                        
Down:     DIA -0.02% ; SPY -0.40% ; QQQ -1.08% ; IWM -1.16%         
                     
  TLT -0.72% at 142.26                
  VIX -4.33% at 18.76                
                     
SPY   : Channel   crossing below 30ds SMA             
QQQ   : Channel   below 30ds SMA              
DIA   : second day Bull Flag Setup   above 30ds SMA              
IWM   : Channel   below 30ds SMA              
                     
                     
Sectors                     
  5 sectors closed higher led by  XLE +1.37%  and  XLF +1.18%    Lower =  6        
  6            closing above 30d. SMA  and 5   closing below.  
                     
XLE leaders     :    SLB, EOG, COP, NOV               
XLF leaders     :    PGR, BEN, UNM, NTRS               
XLU leaders     :    ETR, AEP, PEG, SRE                
                     
Uptrend XLE, XLF, XLU, XLP, XLI, XLB, XLRE                 
Sideways XLV, XLK, XLY                  
Downtrend XLC                   
                     
                     
Breath:                     
NYSE Strengthened  as  Advancers led  1682   to   1580 and  Nasdaq   Weakened   as  Advancers led 1882   to   2666     
                     
                     
NDX Leaders:                      
29 closing higher  and  73 closing Lower               
PDD : +7.23% ;  PTON : +5.08% ;  CHKP : +3.87%           
                     
DJIA Leaders:                      
20 closing higher  and  10 closing Lower               
WBA : +2.67% ;  TRV : +2.41% ;  HON : +2.34%           
                     
SP500 Leaders:                      
237 closing higher  and  264 closing Lower               
DISCA : +16.87% ;  DISCK : +16.80% ;  VIAC : +8.16%           
                     
NASDAQ 100                    
                     
Nasdaq Above 30MA    =  33                  
LCID, WBA, HON, AEP, BIDU, EA, KHC, AMGN, XEL, MAR, ATVI, CSCO, MDLZ, BKNG, PEP, VRTX, EXC, FB, FISV, KDP, CSX, PCAR, EBAY, CMCSA, CTSH, INTC, ADP, MU, DLTR, PAYX, MNST, ORLY, KLAC  
                     
Stocks to watch on  Monday                  
                     
 Nasdaq100  xsing above30   = 1                 
  LCID                   
                     
 Nasdaq100  xsing below30  = 13                 
  GILD, BIIB, ILMN, PYPL, COST, NXPI, SWKS, AVGO, MRVL, QCOM, AMAT, TSLA, LRCX            
                     
                     
MACD Crossover:                   
Up   1                  
PDD                     
                     
Down   6                  
DLTR, BIIB, ADI, ZM, KLAC, TSLA                  
                     
                     
SETUPS                    
BF  : CTSH, EXC, PCAR, PEP, MNST, MDLZ, KDP, WBA, CVS, DIA               
HBO  : FISV, INCY, MU, KHC, KLAC, NTES, AEP, AXP, CAT, DG, FAS, MCD              
2T  :                    
MACD  :                    
CHANNEL  : AAPL, AMZN, INTC, MSFT, NVDA, PYPL, SBUX, CHKP, CPRT, QCOM, SNPS, SPLK, SWKS, TCOM, WDAY, PAYX, XEL, CDW, ROST, FOXA, FOX, XLNX, TSLA, CERN, ADI, ADP, COST, TMUS, LRCX, VRSK, AMGN, ATVI, AMAT, MCHP, SIRI, VRSN, ADSK, AMD, BIDU, BKNG, CSCO, DLTR, EA, FB, GILD, GOOGL, ILMN, JD, NXPI, GOOG, MAR, MRVL, REGN, ORLY, ANSS, AVGO, CMCSA, MTCH, PDD, VRTX, ACN, AKAM, AU, BA, BBY, BIG, CTXS, DE, GDXJ, GOLD, HD, IWM, MMM, MS, NKE, NTAP, ORCL, QQQ, SPY, TGT, V, WMT
NH  : XLE, ZION                  
BEAR  : ADBE, ALGN, CDNS, CHTR, CTAS, IDXX, BIIB, EBAY, TXN, INTU, DOCU, MELI, CRWD, LULU, DXCM, SGEN, ZM, OKTA, TEAM, MRNA, PTON, BABA, BYND, CARR, CRM, DDOG, SHOP, SQ, TLT, TWLO, TWTR
EPS  : ASML, CSX, FAST, NFLX, ISRG, HON, BAC, C, IBKR, JPM, UNH