All indices closed down, IWM leading the down move. Six sectors closed below the 30ds SMA and today Real Estate (XLRE) joined the move. Breath weakened.

 SPY Market Forecast   88.12 Defensive pointing down in the upper 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 SIDEWAYS                   
  3-days DOWN                   
                      
Indices                      
UP:                         
Down:     QQQ -0.56% ; SPY -0.56% ; DIA -0.25% ; IWM -0.71%          
                      
  TLT -0.16% at 94.67                 
  VIX +7.01% at 14.81                 
                      
                      
Sectors                      
  0 sectors closed higher led by  XLK -0.49%  and  XLY -0.87%    Lower =  11         
  5           sectors closing above 30d. SMA  and 6   closing below.   
                      
XLK leaders     :    AMD, CDNS, SNPS                 
XLY leaders     :    DKNG, DECK, RCL, TJX                 
XLP leaders     :    DG, LW, KR, CHD                 
                      
Uptrend  XLK, XLY, XLP, XLC, XLV, XLRE, XLF, XLI, XLB                 
Sideways  XLU, XLE                   
Downtrend                      
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led              713    to               2,107  and  Nasdaq   Weakened   as  Decliners led            1,385    to            2,900       
                      
FANGT Stocks                      
UP:     META ;                   
Down:       XLV ; XLF ; AAPL ; NVDA ; GOOGL ; AMZN ; TSLA     
                      
                      
NDX Leaders:                        
27 closing higher  and  74 closing Lower                
AMD : +0.90% ;  ORLY : +0.19% ;  MDB : -1.25%            
                      
DJIA Leaders:                        
10 closing higher  and  19 closing Lower                
DIS : -2.91% ;  VZ : -1.07% ;  HD : -0.76%            
                      
SP500 Leaders:                        
100 closing higher  and  403 closing Lower                
AMD : +0.90% ;  WDC : +0.17% ;  AZO : -0.01%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   53                   
DDOG, SIRI, AMD, ANSS, DXCM, TMUS, MDLZ, MAR, GILD, KHC, COST, META, AMGN, ORLY, WDAY, CTAS, ADP, SPLK, NFLX, MSFT, MRVL, BKNG, DLTR, CSCO, NVDA, PANW, CTSH, GOOGL, CDNS, GOOG, VRTX, REGN, TTWO, AMZN, ISRG, CSX, AVGO, CCEP, ROST, LRCX, DASH, ILMN, MDB, ADSK, QCOM, TEAM, MU, MRNA, MNST, FTNT, MELI, ZS, CRWD
                      
Stocks to watch on    Thursday                   
                      
 Nasdaq100  xsing above30   = 1                  
  SIRI                    
                      
 Nasdaq100  xsing below30  = 8                  
  ADBE, FAST, INTU, CDW, KLAC, AZN, INTC, GEHC                 
                      
                      
MACD Crossover:                      
Up   0                   
                      
                      
Down   3                   
SBUX, ADSK, FTNT