SPY Market Forecast intermediate line still pointing down in the middle zone. Breath strengthened. Energy and Communications led the sectors.

 SPY Market Forecast   72.97 Bearish pointing down in the middle zone                 
   0.75   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 UP                   
                      
Indices                      
UP:     IWM +0.49% ; QQQ +0.20% ; SPY +0.05% ;            
Down:              DIA -0.18%          
                      
  TLT +0.43% at 103.61                 
  VIX -2.26% at 13.43                 
                      
                      
Sectors                      
  5 sectors closed higher led by  XLE +1.01%  and  XLC +0.45%    Lower =  5         
  9           sectors closing above 30d. SMA  and 2   closing below.   
                      
XLE leaders     :    WMB, EOG, TRGP, PXD                
XLC leaders     :    LUMN, DISH, NFLX, GOOG                
XLY leaders     :    CCL, NCLH, BWA, F                 
                      
Uptrend  XLC, XLY, XLK                   
Sideways  XLE, XLRE, XLI, XLF, XLV, XLP, XLB, XLU                  
Downtrend                      
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led           1,616    to               1,317  and  Nasdaq   Strengthened  as  Advancers led            2,303    to            2,076       
                      
                      
NDX Leaders:                        
49 closing higher  and  51 closing Lower                
LCID : +5.25% ;  SIRI : +4.40% ;  MELI : +3.92%            
                      
DJIA Leaders:                        
16 closing higher  and  14 closing Lower                
CRM : +1.60% ;  WBA : +1.54% ;  AXP : +0.95%            
                      
SP500 Leaders:                        
202 closing higher  and  295 closing Lower                
CCL : +8.81% ;  NCLH : +7.55% ;  WY : +4.27%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   70                   
RIVN, SIRI, ODFL, NFLX, DDOG, TSLA, DXCM, CHTR, IDXX, WBD, ALGN, VRTX, ZM, FTNT, ISRG, EBAY, CPRT, PANW, AAPL, BKR, COST, LULU, CMCSA, PCAR, MSFT, CTSH, CSX, ANSS, CDNS, GFS, MAR, ORLY, INTU, TMUS, CSCO, AVGO, AMZN, ASML, ABNB, ADSK, PYPL, PAYX, CEG, CTAS, ZS, HON, KLAC, ROST, EA, WDAY, META, ATVI, VRSK, CSGP, FAST, DLTR, TXN, MRVL, MCHP, LRCX, BKNG, ADI, NXPI, ADBE, INTC, AMAT, EXC, NVDA, QCOM, PDD
                      
Stocks to watch on    Thursday                   
                      
 Nasdaq100  xsing above30   = 2                  
  RIVN, WBD                   
                      
 Nasdaq100  xsing below30  = 2                  
  SGEN, PEP                   
                      
                      
MACD Crossover:                      
Up   10                   
LCID, FANG, PANW, AAPL, BKR, COST, CSX, GFS, LRCX, AMAT                  
                      
Down   4                   
PYPL, AMGN, XEL, AEP