SPY Market Forecast is defensive. SPY moving a bit sideways, with MACD and Stochastics in negative momentum. Breath Weakened.

SPY Market Forecast   89.13 Defensive pointing down in the upper 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 SIDEWAYS                   
                      
Indices                      
UP:     DIA +0.18% ;                  
Down:        QQQ -0.23% ; SPY -0.29% ; IWM -0.46%          
                      
  TLT -1.89% at 98.16                 
  VIX +2.20% at 13.93                 
                      
                      
Sectors                      
  2 sectors closed higher led by  XLI +0.30%  and  XLK +0.17%    Lower =  8         
  10           sectors closing above 30d. SMA  and 1   closing below.   
                      
XLI leaders     :    FBHS, CAT, LDOS, ETN                 
XLK leaders     :    ANET, GPN, STX                 
XLF leaders     :    SIVB, FRC, AJG, PGR                 
                      
Uptrend  XLI, XLK, XLF, XLC, XLB, XLE, XLV, XLP, XLY                 
Sideways  XLRE, XLU                   
Downtrend                      
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led              997    to               1,930  and  Nasdaq   Weakened   as  Decliners led            1,670    to            2,757       
                      
                      
NDX Leaders:                        
37 closing higher  and  64 closing Lower                
AMD : +2.80% ;  CRWD : +2.66% ;  AVGO : +2.38%            
                      
DJIA Leaders:                        
9 closing higher  and  21 closing Lower                
CAT : +8.85% ;  CSCO : +1.19% ;  V : +0.86%            
                      
SP500 Leaders:                        
173 closing higher  and  324 closing Lower                
ANET : +19.68% ;  GPN : +9.52% ;  CAT : +8.85%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   76                   
AMD, CRWD, AVGO, ZS, CHTR, MAR, META, PANW, MRVL, CSCO, WDAY, LULU, AMAT, ADBE, ADP, FTNT, MNST, FANG, SNPS, KDP, PCAR, CTAS, ON, PDD, MDLZ, PAYX, NXPI, ADSK, VRSK, CMCSA, INTC, KLAC, ADI, BKR, QCOM, NFLX, TEAM, EA, SBUX, ALGN, PEP, AZN, LRCX, CEG, PYPL, REGN, AAPL, FAST, NVDA, ROST, ZM, INTU, MCHP, KHC, DLTR, AMGN, GOOGL, MU, TXN, GOOG, COST, EXC, TTD, ILMN, AMZN, DDOG, WBD, ANSS, ODFL, BKNG, ABNB
                      
Stocks to watch on    Wednesday                   
                      
 Nasdaq100  xsing above30   = 1                  
  MNST                    
                      
 Nasdaq100  xsing below30  = 4                  
  CTSH, ASML, VRTX, GFS                   
                      
                      
MACD Crossover:                      
Up   6                   
CHTR, ADBE, CSX, TEAM, BIIB, PYPL                    
                      
Down   3                   
DLTR, AMGN, WBA