Correction in Crude and Gold. SPY Market Forecast still bearish. QQQ led the move to the upside in a counter trend. IWM crossed the 30ds SMA to the upside.

 SPY Market Forecast 32.28 Bearish pointing down in the middle zone              
   0.82   PCALL - 10 day SMA (0.75 - 1.00)              
                     
                     
INTERMEDIATE TERM: Downtrend- Price below 30 &10 Wk SMA                
  6-months DOWN                  
  10-days DOWN                  
  3-days DOWN                  
                     
Indices                     
UP:     QQQ +3.60% ; IWM +2.82% ; SPY +2.66% ; DIA +2.10%         
Down:                        
                     
  TLT -0.98% at 136.42                
  VIX -8.17% at 32.26                
                     
SPY   : Bearish   below 30ds SMA              
QQQ   : Bearish   below 30ds SMA              
DIA   : Bearish   below 30ds SMA              
IWM   : Bearish   above 30ds SMA              
                     
                     
Sectors                     
  9 sectors closed higher led by  XLK +3.95%  and  XLF +3.53%    Lower =  2        
  3            closing above 30d. SMA  and 8   closing below.  
                     
XLK leaders     :    NOW, NVDA, FIS                
XLF leaders     :    SBNY, FITB, BAC, WFC               
XLY leaders     :    TPR, CZR, CCL, PVH                
                     
Uptrend XLU, XLE                  
Sideways XLV, XLP                  
Downtrend XLK, XLF, XLY, XLB, XLC, XLI, XLRE                 
                     
                     
Breath:                     
NYSE Strengthened  as  Advancers led  2504   to   834 and  Nasdaq   Strengthened  as  Advancers led 3727   to   1025     
                     
                     
NDX Leaders:                      
91 closing higher  and  11 closing Lower               
MTCH : +12.81% ;  DDOG : +12.35% ;  MRNA : +10.22%           
                     
DJIA Leaders:                      
26 closing higher  and  4 closing Lower               
CRM : +5.77% ;  AXP : +5.37% ;  NKE : +4.74%           
                     
SP500 Leaders:                      
420 closing higher  and  82 closing Lower               
MTCH : +12.81% ;  TPR : +10.64% ;  CZR : +10.46%           
                     
NASDAQ 100                    
                     
Nasdaq Above 30MA    =  30                  
WDAY, PANW, AZN, IDXX, SNPS, AVGO, CDNS, PAYX, TXN, SPLK, ORLY, CSCO, ODFL, SGEN, TMUS, ADP, REGN, WBA, FAST, COST, DLTR, CTSH, VRTX, AMGN, EXC, ATVI, AEP, XEL, CSX, KHC   
                     
Stocks to watch on  Thursday                  
                     
 Nasdaq100  xsing above30   = 14                 
  WDAY, AZN, IDXX, SNPS, AVGO, CDNS, PAYX, TXN, ORLY, CSCO, ODFL, TMUS, REGN, WBA           
                     
 Nasdaq100  xsing below30  = 1                 
  SIRI                   
                     
                     
MACD Crossover:                   
Up   7                  
MRNA, ADBE, ANSS, SNPS, AVGO, MCHP, MRVL                 
                     
Down   2                  
VRSN, BIIB