SPY closed just below yesterday's high. SPY Market Forecast is short term bullish. Breath Weakened. Consumer Staples (XLP) bounced to close above 30ds SMA and Communications (XLC) led the sectors,

 SPY Market Forecast   91.47 Bullish pointing up in the upper zone                 
   0.83   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:     QQQ +0.41% ; SPY +0.29% ;               
Down:           DIA -0.27% ; IWM -0.29%          
                      
  TLT -0.79% at 93.9                 
  VIX -4.85% at 12.55                 
                      
                      
Sectors                      
  7 sectors closed higher led by  XLP +1.09%  and  XLC +0.99%    Lower =  4         
  6           sectors closing above 30d. SMA  and 5   closing below.   
                      
XLP leaders     :    PG, MKC, CPB, GIS                 
XLC leaders     :    NTES, BIDU, FWONK, VZ                
XLK leaders     :    SNOW, STM, FTNT                 
                      
Uptrend  XLP, XLC, XLK, XLB, XLF, XLV, XLI, XLY, XLRE                 
Sideways  XLE, XLU                   
Downtrend                      
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led           1,340    to               1,433  and  Nasdaq   Weakened   as  Decliners led            2,093    to            2,180       
                      
FANGT Stocks                      
UP:     NFLX ; META ; AMZN ; GOOGL ; AAPL ; MSFT ; NVDA ; TSLA      
Down:                         
                      
                      
NDX Leaders:                        
69 closing higher  and  32 closing Lower                
PCAR : +4.04% ;  GFS : +2.86% ;  FTNT : +2.79%            
                      
DJIA Leaders:                        
19 closing higher  and  11 closing Lower                
VZ : +6.70% ;  PG : +4.14% ;  INTC : +1.39%            
                      
SP500 Leaders:                        
274 closing higher  and  229 closing Lower                
VZ : +6.70% ;  RTX : +5.33% ;  UAL : +5.31%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   76                   
PCAR, GFS, FTNT, NXPI, MRNA, ADI, MDLZ, PYPL, ASML, CHTR, INTC, MCHP, ILMN, NFLX, SNPS, CEG, REGN, TEAM, EA, DASH, META, INTU, AMZN, ADSK, CMCSA, ZS, GOOGL, MRVL, CCEP, AAPL, GOOG, MSFT, ROP, WDAY, AVGO, ROST, TTWO, QCOM, CSX, ADP, SIRI, CSCO, NVDA, CTAS, ANSS, MELI, ABNB, VRSK, AMD, CPRT, SPLK, PAYX, CDNS, AMGN, VRTX, MAR, CTSH, TXN, LRCX, TMUS, PANW, BKNG, CRWD, MDB, FAST, KLAC, COST, AMAT, CDW, ORLY, ADBE
                      
Stocks to watch on    Wednesday                   
                      
 Nasdaq100  xsing above30   = 3                  
  NXPI, CHTR, EA                   
                      
 Nasdaq100  xsing below30  = 1                  
  AZN                    
                      
                      
MACD Crossover:                      
Up   8                   
FTNT, ON, BKR, MDLZ, INTC, NFLX, TEAM, SIRI                   
                      
Down   1                   
COST