QQQ down 1.43%. SPY MFC bullish. Range day even with bad news out there and markets are holding support

 SPY Market Forecast 45.43 Bullish pointing up in the middle zone                 
   0.86   PCALL - 10 day SMA (0.75 - 1.00)               
                      
                      
INTERMEDIATE TERM: Downtrend- Price below 30 &10 Wk SMA                 
  6-months SIDEWAYS                   
  10-days SIDEWAYS                   
  3-days SIDEWAYS                   
                      
Indices                      
UP:                         
Down:     DIA -0.26% ; SPY -0.50% ; IWM -1.18% ; QQQ -1.43%          
                      
  TLT +1.02% at 137.86                 
  VIX -0.85% at 30.48                 
                      
SPY   : Bearish   below 30ds SMA               
QQQ   : Bearish   below 30ds SMA               
DIA   : Bearish   below 30ds SMA               
IWM   : Bearish   above 30ds SMA               
                      
                      
Sectors                      
  7 sectors closed higher led by  XLU +1.76%  and  XLRE +1.09%    Lower =  4         
  6            closing above 30d. SMA  and 5   closing below.   
                      
XLU leaders     :    PNW, ES, AEP, SO                 
XLRE leaders     :    IRM, PEAK, PSA, AMT                
XLP leaders     :    KR, BF/B, WMT, CHD                
                      
Uptrend XLE                    
Sideways XLP, XLF                   
Downtrend XLU, XLRE, XLV, XLB, XLI, XLC, XLK, XLY                  
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led  1390   to   1921 and  Nasdaq   Weakened   as  Decliners led 1562   to   3198      
                      
                      
NDX Leaders:                       
33 closing higher  and  67 closing Lower                
SPLK : +6.01% ;  DLTR : +4.69% ;  AEP : +3.00%            
                      
DJIA Leaders:                       
15 closing higher  and  15 closing Lower                
WMT : +2.30% ;  AMGN : +1.77% ;  IBM : +1.67%            
                      
SP500 Leaders:                       
248 closing higher  and  249 closing Lower                
WLTW : N/A ;  KR : +11.61% ;  BBY : +9.22%            
                      
NASDAQ 100                     
                      
Nasdaq Above 30MA    =  32                   
SPLK, DLTR, AEP, XEL, KHC, ODFL, CSX, AMGN, ORLY, COST, DXCM, VRTX, VRSN, ISRG, PAYX, ATVI, KDP, CSCO, IDXX, CTSH, WDAY, AVGO, TMUS, PANW, SNPS, LULU, CDNS, FTNT, AZN, MELI, MU, CRWD   
                      
Stocks to watch on  Friday                   
                      
 Nasdaq100  xsing above30   = 3                  
  SPLK, XEL, VRTX                   
                      
 Nasdaq100  xsing below30  = 12                  
  CTAS, ADP, MSFT, ROST, MAR, INTC, NVDA, AMZN, BIDU, AMD, TEAM, DDOG              
                      
                      
MACD Crossover:                    
Up   4                   
VRTX, VRSK, AAPL, EBAY                   
                      
Down   6                   
AVGO, LRCX, MRVL, MTCH, TEAM, LCID