SPY Market Forecast moving up in the midzone teasing resistance at $427.11 and breaking the 10ds SMA - Potentially Bullish before the FOMC meeting tomorrow. XLV, XLI, XLU, XLRE and XLE above 30ds SMA.

 SPY Market Forecast 26.5 Bullish pointing up in the middle zone              
   0.84   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 +3.14% ; SPY +2.20% ; DIA +1.85% ; IWM +1.59%       
Down:                      
                   
  TLT -0.17% at 131.53              
  VIX -6.11% at 29.83              
                   
SPY   : Bearish   below 30ds SMA            
QQQ   : Bearish   below 30ds SMA            
DIA   : Bearish   below 30ds SMA            
IWM   : Bearish   below 30ds SMA            
                   
                   
Sectors                   
  10 sectors closed higher led by  XLK +3.36%  and  XLY +3.35%    Lower =  1      
  5            closing above 30d. SMA  and 6   closing below.
                   
XLK leaders     :    MPWR, NVDA, AMD             
XLY leaders     :    NCLH, ETSY, MHK, CCL             
XLP leaders     :    PG, PM, EL, COST              
                   
Uptrend XLU, XLE                
Sideways                  
Downtrend XLK, XLY, XLP, XLV, XLC, XLI, XLF, XLB, XLRE              
                   
                   
Breath:                   
NYSE Strengthened  as  Advancers led  2304   to   1037 and  Nasdaq   Strengthened  as  Advancers led 2947   to   1744   
                   
                   
NDX Leaders:                    
98 closing higher  and  4 closing Lower             
MRVL : +9.18% ;  MELI : +7.92% ;  NVDA : +7.70%         
                   
DJIA Leaders:                    
28 closing higher  and  2 closing Lower             
DIS : +4.01% ;  MSFT : +3.87% ;  PG : +3.60%         
                   
SP500 Leaders:                    
442 closing higher  and  58 closing Lower             
VIAC : N/A ;  MPWR : +9.56% ;  AAL : +9.26%         
                   
NASDAQ 100                  
                   
Nasdaq Above 30MA    =  27                
AVGO, ODFL, TXN, ORLY, COST, CRWD, PANW, VRSK, ADP, CSCO, FAST, VRTX, DXCM, CTAS, TMUS, AZN, PAYX, REGN, AEP, XEL, AMGN, CTSH, WBA, SGEN, EXC, KHC, DLTR   
                   
Stocks to watch on  Wednesday                
                   
 Nasdaq100  xsing above30   = 8               
  AVGO, ODFL, TXN, PANW, VRSK, CSCO, DXCM, CTAS             
                   
 Nasdaq100  xsing below30  = 0               
                   
                   
                   
MACD Crossover:                 
Up   13                
MRVL, AVGO, KLAC, BKNG, AMZN, CPRT, EBAY, DXCM, TMUS, AZN, FISV, PCAR, CHTR            
                   
Down   0