SPY Market Forecast 85.53 Defensive pointing down in the upper zone           
   0.57   PCALL - 10 day SMA (0.75 - 1.00)           
   143.41   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 -1.03% ; SPY -1.92% ; QQQ -3.07% ; IWM -3.39%      
                  
  TLT -0.54% at 142.92             
  VIX +16.68% at 19.73             
                  
SPY   : Bull Flag Setup   above 30ds SMA           
QQQ   : Channel   below 30ds SMA           
DIA   : Bull Flag Setup   above 30ds SMA           
IWM   : Channel   below 30ds SMA           
                  
                  
Sectors                  
  0 sectors closed higher led by  XLB -0.01%  and  XLE -0.02%    Lower =  11     
  8            closing above 30d. SMA  and 3   closing below.
                  
XLB leaders     :    NUE, APD, BLL, PPG            
XLE leaders     :    XOM, PXD, CVX, MPC            
XLU leaders     :    D, CMS, WEC, XEL             
                  
Uptrend XLB, XLU, XLP, XLV, XLY, XLK, XLRE              
Sideways XLE, XLI, XLF               
Downtrend XLC                
                  
                  
Breath:                  
NYSE Weakened  as  Decliners led  609   to   2727 and  Nasdaq   Weakened   as  Decliners led 916   to   3781  
                  
                  
NDX Leaders:                   
10 closing higher  and  92 closing Lower            
MDLZ : +1.44% ;  INTC : +1.37% ;  TMUS : +1.14%        
                  
DJIA Leaders:                   
13 closing higher  and  17 closing Lower            
MRK : +2.43% ;  INTC : +1.37% ;  WMT : +1.35%        
                  
SP500 Leaders:                   
100 closing higher  and  401 closing Lower            
NUE : +4.83% ;  MRK : +2.43% ;  T : +2.22%        
                  
NASDAQ 100                 
                  
Nasdaq Above 30MA    =  40               
MDLZ, INTC, HON, XEL, WBA, AEP, PCAR, PEP, CMCSA, GILD, EXC, DLTR, VRTX, QCOM, KHC, CSX, FISV, KDP, ADP, BIIB, AMGN, ATVI, EA, CTSH, CSCO, MNST, PAYX, ORLY, SWKS, MU, BKNG, MAR, KLAC, COST, AAPL, LRCX, AMAT, AVGO, MRVL, TSLA
                  
Stocks to watch on  Thursday               
                  
 Nasdaq100  xsing above30   = 0              
                  
                  
 Nasdaq100  xsing below30  = 13              
  FAST, BIDU, PYPL, VRSN, ROST, SBUX, MCHP, NXPI, ISRG, FB, ADSK, MTCH, MELI          
                  
                  
MACD Crossover:                
Up   1               
MDLZ                  
                  
Down   20               
PEP, JD, PAYX, CHTR, PDD, AMAT, CPRT, SBUX, NXPI, NFLX, ASML, SGEN, LULU, ADSK, AMD, NVDA, XLNX, ADBE, ALGN, MELI