SPY retraced after six days without moving below previous day's lows. SPY Market Forecast Bullish. Energy (XLE) and Utilities (XLU) sectors closed higher.

 SPY Market Forecast 72.46 Bullish pointing up in the middle zone              
   0.78   PCALL - 10 day SMA (0.75 - 1.00)            
                   
                   
INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA             
  6-months UP                
  10-days UP                
  3-days SIDEWAYS                
                   
Indices                   
UP:                      
Down:     SPY -1.29% ; DIA -1.36% ; QQQ -1.44% ; IWM -1.73%       
                   
  TLT +2.19% at 131.5              
  VIX +2.75% at 23.57              
                   
SPY   : sideways   above 30ds SMA            
QQQ   : sideways   above 30ds SMA            
DIA   : sideways   above 30ds SMA            
IWM   : sideways   above 30ds SMA            
                   
                   
Sectors                   
  2 sectors closed higher led by  XLE +1.72%  and  XLU +0.14%    Lower =  9      
  10            closing above 30d. SMA  and 1   closing below.
                   
XLE leaders     :    HES, FANG, MRO, SLB             
XLU leaders     :    ETR, EIX, DTE, CMS              
XLB leaders     :    NEM, CF, MOS, NUE             
                   
Uptrend XLE, XLU, XLB, XLV                
Sideways XLP, XLI, XLRE, XLY, XLF                
Downtrend XLC, XLK                
                   
                   
Breath:                   
NYSE Weakened  as  Decliners led  1172   to   2142 and  Nasdaq   Weakened   as  Decliners led 1594   to   3023   
                   
                   
NDX Leaders:                    
16 closing higher  and  86 closing Lower             
PDD : +3.93% ;  CTAS : +2.12% ;  CRWD : +1.11%         
                   
DJIA Leaders:                    
3 closing higher  and  27 closing Lower             
CVX : +1.08% ;  AAPL : +0.82% ;  MRK : +0.54%         
                   
SP500 Leaders:                    
90 closing higher  and  410 closing Lower             
VIAC : N/A ;  HES : +4.56% ;  FANG : +3.85%         
                   
NASDAQ 100                  
                   
Nasdaq Above 30MA    =  62                
PDD, CTAS, CRWD, PANW, AZN, KHC, NTES, AAPL, AEP, TSLA, BIDU, ORLY, EXC, XEL, SIRI, MELI, INTC, EBAY, CEG, SPLK, PEP, BIIB, TMUS, AMZN, COST, AMGN, DLTR, CSX, GOOGL, FAST, ADP, GOOG, FTNT, ABNB, HON, FB, VRTX, MSFT, PAYX, VRSK, FISV, TXN, CDNS, AVGO, CPRT, CTSH, ODFL, SNPS, PYPL, LCID, SGEN, IDXX, ILMN, WDAY, DXCM, NVDA, REGN, ASML, ADI, MRVL, MCHP, MRNA
                   
Stocks to watch on  Thursday                
                   
 Nasdaq100  xsing above30   = 1               
  PDD                 
                   
 Nasdaq100  xsing below30  = 20               
  WBA, LULU, CMCSA, MAR, MTCH, ROST, NFLX, NXPI, VRSN, LRCX, AMAT, CSCO, TEAM, SWKS, KLAC, ANSS, ISRG, MNST, ADSK, ADBE     
                   
                   
MACD Crossover:                 
Up   0                
                   
                   
Down   6                
ORLY, TMUS, WBA, KDP, SGEN, CSCO