SPY continues in Compression. Setting up a Horizontal Break Out above 418.31 Resistance. SPY Intermediate Market Forecast bullish at 74.58. Breath strengthened for NYSE and Nasdaq

 SPY Market Forecast   74.58 Bullish pointing up in the middle zone                 
   0.92   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Uptrend- Price above 30 &10 Wk SMA                 
  6-months UP                   
  10-days UP                   
  3-days SIDEWAYS                   
                      
Indices                      
UP:     QQQ +1.09% ; IWM +0.51% ; SPY +0.47% ;            
Down:              DIA -0.08%          
                      
  TLT +0.97% at 104.05                 
  VIX -4.35% at 16.94                 
                      
                      
Sectors                      
  7 sectors closed higher led by  XLK +1.22%  and  XLRE +0.94%    Lower =  4         
  6           sectors closing above 30d. SMA  and 5   closing below.   
                      
XLK leaders     :    AKAM, MPWR, SEDG                 
XLRE leaders     :    EQIX, DLR, PK, PLD                 
XLU leaders     :    NRG, NEE, FE, NI                 
                      
Uptrend  XLK, XLC, XLV, XLP                   
Sideways  XLRE, XLU, XLY, XLB, XLI, XLF, XLE                  
Downtrend                      
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led           1,701    to               1,264  and  Nasdaq   Strengthened  as  Advancers led            2,579    to            1,858       
                      
                      
NDX Leaders:                        
70 closing higher  and  29 closing Lower                
DDOG : +8.05% ;  ILMN : +7.84% ;  ZS : +6.13%            
                      
DJIA Leaders:                        
14 closing higher  and  16 closing Lower                
CRM : +1.82% ;  MSFT : +1.73% ;  AAPL : +1.04%            
                      
SP500 Leaders:                        
257 closing higher  and  241 closing Lower                
AKAM : +8.44% ;  ILMN : +7.84% ;  GOOGL : +4.10%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   51                   
DDOG, ZS, GOOGL, GOOG, AMZN, MELI, CRWD, OKTA, KLAC, CTAS, DXCM, VRSN, LRCX, ASML, AMD, ADSK, PANW, MSFT, VRTX, CTSH, VRSK, AMAT, IDXX, MRVL, NVDA, AAPL, NFLX, FTNT, MNST, EXC, CEG, CPRT, CMCSA, BKNG, ISRG, FAST, ORLY, HON, PEP, EBAY, MDLZ, META, COST, BIIB, AZN, KHC, LULU, CSX, DLTR, FISV, MAR
                      
Stocks to watch on    Thursday                   
                      
 Nasdaq100  xsing above30   = 0                  
                      
                      
 Nasdaq100  xsing below30  = 2                  
  PCAR, ABNB                   
                      
                      
MACD Crossover:                      
Up   0                   
                      
                      
Down   1                   
INTC