SPY Market Forecast   36.03 Bearish pointing down in the middle zone                 
   0.89   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Uptrend- Price above 30 &10 Wk SMA                 
  6-months UP                   
  10-days DOWN                   
  3-days DOWN                   
                      
Indices                      
UP:                         
Down:     DIA -0.53% ; SPY -0.73% ; QQQ -1.06% ; IWM -1.22%          
                      
  TLT -0.78% at 93.84                 
  VIX +1.94% at 16.78                 
                      
                      
Sectors                      
  1 sectors closed higher led by  XLU +0.44%  and  XLF -0.15%    Lower =  10         
  2           sectors closing above 30d. SMA  and 9   closing below.   
                      
XLU leaders     :    PEG, ED, CMS, ETR                 
XLF leaders     :    SIVB, FRC, PGR, MKTX                 
XLP leaders     :    SYY, KDP, MNST, COST                
                      
Uptrend  XLF, XLI, XLB, XLE, XLK, XLC, XLY                  
Sideways  XLU, XLP, XLV, XLRE                   
Downtrend                      
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led              760    to               2,147  and  Nasdaq   Weakened   as  Decliners led            1,221    to            3,147       
                      
                      
NDX Leaders:                        
16 closing higher  and  85 closing Lower                
MRNA : +2.60% ;  DDOG : +2.35% ;  KDP : +1.14%            
                      
DJIA Leaders:                        
6 closing higher  and  24 closing Lower                
TRV : +1.16% ;  HD : +0.27% ;  MRK : +0.06%            
                      
SP500 Leaders:                        
109 closing higher  and  391 closing Lower                
PGR : +8.87% ;  MKTX : +5.49% ;  ALL : +4.44%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   30                   
KDP, ROST, AZN, VRSK, MAR, MNST, COST, ADP, ORLY, BKNG, WDAY, CTSH, CHTR, INTU, FANG, AMGN, LULU, ODFL, ALGN, CSCO, GOOGL, GOOG, REGN, CEG, CMCSA, WBD, AMZN, GILD, MELI, TEAM     
                      
Stocks to watch on    Thursday                   
                      
 Nasdaq100  xsing above30   = 0                  
                      
                      
 Nasdaq100  xsing below30  = 7                  
  BKR, SGEN, ADBE, PAYX, KLAC, ADSK, INTC                 
                      
                      
MACD Crossover:                      
Up   1                   
ROST                      
                      
Down   8                   
LULU, CPRT, CSCO, EBAY, VRTX, AMZN, GILD, TEAM                   
                      

 SPY Market Forecast   44.03 Bearish pointing down in the middle zone                 
   0.87   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Uptrend- Price above 30 &10 Wk SMA                 
  6-months UP                   
  10-days DOWN                   
  3-days DOWN                   
                      
Indices                      
UP:                         
Down:     DIA -1.02% ; QQQ -1.05% ; SPY -1.16% ; IWM -1.32%          
                      
  TLT -0.60% at 94.59                 
  VIX +10.80% at 16.42                 
                      
                      
Sectors                      
  0 sectors closed higher led by  XLV -0.37%  and  XLC -0.89%    Lower =  11         
  3           sectors closing above 30d. SMA  and 8   closing below.   
                      
XLV leaders     :    ABMD, PKI, AMGN                 
XLC leaders     :    PARA, MTCH, CMCSA, FOXA                
XLK leaders     :    ZBRA, ORCL, ANET                 
                      
Uptrend  XLC, XLK, XLI, XLY, XLB, XLF, XLE                  
Sideways  XLV, XLRE, XLP, XLU                   
Downtrend                      
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led              478    to               2,446  and  Nasdaq   Weakened   as  Decliners led            1,209    to            3,124       
                      
                      
NDX Leaders:                        
13 closing higher  and  88 closing Lower                
AMGN : +1.93% ;  WDAY : +1.22% ;  CMCSA : +1.01%            
                      
DJIA Leaders:                        
2 closing higher  and  28 closing Lower                
AMGN : +1.93% ;  HD : +0.66% ;  IBM : -0.03%            
                      
SP500 Leaders:                        
43 closing higher  and  458 closing Lower                
PARA : +2.95% ;  DHI : +2.89% ;  AMGN : +1.93%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   36                   
AMGN, WDAY, CMCSA, ORLY, CHTR, ALGN, ROST, GILD, REGN, ADP, MAR, LULU, COST, BKR, ADBE, CEG, KDP, MELI, WBD, ADSK, CSCO, VRSK, FANG, BKNG, PAYX, GOOGL, GOOG, MNST, KLAC, ODFL, INTU, AZN, AMZN, CTSH, INTC, TEAM
                      
Stocks to watch on    Wednesday                   
                      
 Nasdaq100  xsing above30   = 1                  
  ORLY                    
                      
 Nasdaq100  xsing below30  = 8                  
  TMUS, SBUX, PCAR, META, LRCX, CRWD, PDD, MU                 
                      
                      
MACD Crossover:                      
Up   3                   
VRTX, CPRT, ENPH                      
                      
Down   4                   
MELI, WBD, AZN, CTSH                      
                      

All indices closed down. Energy, Real Estate and Utilities Sectors closed up. MFC Intermediate trend is bearish. Breath weakened.

 SPY Market Forecast   60.11 Bearish pointing down in the middle zone                 
   0.82   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Uptrend- Price above 30 &10 Wk SMA                 
  6-months UP                   
  10-days DOWN                   
  3-days DOWN                   
                      
Indices                      
UP:                         
Down:     DIA -0.48% ; SPY -0.67% ; IWM -0.76% ; QQQ -1.10%          
                      
  TLT +0.52% at 97.19                 
  VIX +0.13% at 16.01                 
                      
                      
Sectors                      
  4 sectors closed higher led by  XLE +1.26%  and  XLRE +0.24%    Lower =  7         
  6           sectors closing above 30d. SMA  and 5   closing below.   
                      
XLE leaders     :    EQT, CTRA, APA, VLO                 
XLRE leaders     :    SBAC, KIM, PSA, AMT                 
XLU leaders     :    NRG, PNW, NI, D                 
                      
Uptrend  XLE, XLI, XLB, XLF, XLC, XLY, XLK                  
Sideways  XLRE, XLU, XLP, XLV                   
Downtrend                      
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led           1,286    to               1,594  and  Nasdaq   Weakened   as  Decliners led            1,619    to            2,690       
                      
                      
NDX Leaders:                        
38 closing higher  and  62 closing Lower                
MRNA : +2.09% ;  FTNT : +2.07% ;  ENPH : +1.98%            
                      
DJIA Leaders:                        
9 closing higher  and  20 closing Lower                
DOW : +0.96% ;  HON : +0.85% ;  CAT : +0.58%            
                      
SP500 Leaders:                        
205 closing higher  and  292 closing Lower                
AXON : +14.06% ;  AKAM : +8.47% ;  FLT : +6.34%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   42                   
BKR, AZN, VRSK, FANG, ADP, REGN, COST, KDP, MDLZ, LULU, CEG, MNST, GILD, PAYX, SGEN, CHTR, PCAR, CSCO, ROST, MAR, CMCSA, PDD, CTSH, AMGN, BKNG, INTU, KLAC, JD, NXPI, MELI, GOOG, ADBE, GOOGL, MU, LRCX, AMZN, ODFL, AMAT, TEAM, INTC, WBD, META
                      
Stocks to watch on    Thursday                   
                      
 Nasdaq100  xsing above30   = 0                  
                      
                      
 Nasdaq100  xsing below30  = 8                  
  SBUX, WDAY, ALGN, LCID, NFLX, ON, NVDA, TTD                 
                      
                      
MACD Crossover:                      
Up   1                   
LULU                      
                      
Down   6                   
CHTR, KLAC, GOOG, GOOGL, AMAT, AMD