SPY Intermediate Market Forecast is bearish. All indices are down led by QQQ (-0.88%). Only two sectors (XLE and XLK) above 30ds SMA. Breath Weakened.

SPY Market Forecast   62.78 Bearish pointing down in the middle zone                 
   0.93   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Sideways- Price in between 30 &10 Wk SMA                
  6-months UP                   
  10-days UP                   
  3-days DOWN                   
                      
Indices                      
UP:                         
Down:     IWM -0.37% ; DIA -0.57% ; SPY -0.67% ; QQQ -0.88%          
                      
  TLT +0.25% at 93.75                 
  VIX +3.14% at 14.45                 
                      
                      
Sectors                      
  2 sectors closed higher led by  XLU +0.23%  and  XLE +0.04%    Lower =  9         
  2           sectors closing above 30d. SMA  and 9   closing below.   
                      
XLU leaders     :    PNW, XEL, ETR, PCG                 
XLE leaders     :    SLB, FANG, XOM, VLO                 
XLF leaders     :    SIVB, FRC, SBNY, NDAQ                
                      
Uptrend  XLE, XLF, XLB, XLC, XLI, XLY, XLK                  
Sideways  XLU, XLP, XLRE, XLV                   
Downtrend                      
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led           1,086    to               1,797  and  Nasdaq   Weakened   as  Decliners led            1,462    to            2,813       
                      
                      
NDX Leaders:                        
46 closing higher  and  55 closing Lower                
DXCM : +6.53% ;  CHTR : +2.69% ;  TTD : +2.52%            
                      
DJIA Leaders:                        
8 closing higher  and  22 closing Lower                
CRM : +1.34% ;  DOW : +1.29% ;  WMT : +0.75%            
                      
SP500 Leaders:                        
204 closing higher  and  296 closing Lower                
DXCM : +6.53% ;  ZBH : +4.13% ;  PODD : +3.44%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   48                   
TTD, ADSK, FANG, VRSK, ANSS, ZM, INTC, CPRT, CEG, PDD, WDAY, CDNS, CRWD, CTSH, BKR, ALGN, TEAM, ON, KLAC, MU, ODFL, INTU, PANW, ISRG, AVGO, ORLY, CSGP, BKNG, CSCO, MSFT, SNPS, AMAT, ABNB, EBAY, ADBE, SGEN, ROST, REGN, MELI, LRCX, NFLX, LULU, GOOGL, GOOG, AMZN, TSLA, ZS, NVDA
                      
Stocks to watch on    Thursday                   
                      
 Nasdaq100  xsing above30   = 1                  
  AVGO                    
                      
 Nasdaq100  xsing below30  = 4                  
  ADP, AMD, AMGN, AAPL                   
                      
                      
MACD Crossover:                      
Up   2                   
XEL, BKNG                      
                      
Down   6                   
EXC, ROST, CSX, PAYX, MRNA, VRTX