SPY hits new all times high and Market Forecast intermediate line is up in a bullish bias. Energy (XLE) and Utilities (XLU) led the sectors. Breath strengthened

 SPY Market Forecast   90.93 Bullish pointing up in the upper zone                 
   0.76   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:     IWM +0.31% ; DIA +0.05% ;               
Down:           SPY -0.02% ; QQQ -0.18%          
                      
  TLT -0.08% at 94.62                 
  VIX +1.80% at 13.01                 
                      
                      
Sectors                      
  8 sectors closed higher led by  XLE +1.08%  and  XLU +0.69%    Lower =  3         
  11           sectors closing above 30d. SMA  and 0   closing below.   
                      
XLE leaders     :    PSX, MPC, PBR, VLO                 
XLU leaders     :    BIP, AES, VST, EIX                 
XLRE leaders     :    BXP, INVH, OHI, SUI                 
                      
Uptrend  XLE, XLRE, XLF, XLB, XLP, XLI, XLV, XLC, XLK                 
Sideways  XLU, XLY                   
Downtrend                      
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led           1,772    to               1,039  and  Nasdaq   Strengthened  as  Advancers led            2,495    to            1,781       
                      
FANGT Stocks                      
UP:     AMZN ; NVDA ; GOOGL ;               
Down:           MSFT ; NFLX ; AAPL ; META ; TSLA      
                      
                      
NDX Leaders:                        
55 closing higher  and  45 closing Lower                
WBA : +3.19% ;  ADI : +2.31% ;  FTNT : +1.55%            
                      
DJIA Leaders:                        
19 closing higher  and  11 closing Lower                
WBA : +3.19% ;  MMM : +1.42% ;  DIS : +1.14%            
                      
SP500 Leaders:                        
365 closing higher  and  135 closing Lower                
EL : +6.28% ;  AES : +3.94% ;  BXP : +3.42%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   61                   
WBA, ADI, AEP, BKR, CPRT, TTWO, PAYX, KHC, NXPI, INTC, FANG, PEP, TXN, TMUS, EXC, GEHC, CMCSA, PYPL, LRCX, MCHP, ADP, AVGO, CSGP, AMZN, ROP, CSCO, KDP, KLAC, TTD, GOOG, CTAS, MNST, NVDA, QCOM, HON, GOOGL, CDNS, CEG, MSFT, FAST, ADSK, ANSS, ISRG, ROST, ASML, PCAR, MAR, DXCM, ORLY, AMGN, AZN, CDW, DASH, AMAT, ABNB, ILMN, NFLX, MU, BKNG, MRVL, MRNA
                      
Stocks to watch on    Monday                   
                      
 Nasdaq100  xsing above30   = 4                  
  WBA, TTWO, PAYX, TMUS                   
                      
 Nasdaq100  xsing below30  = 5                  
  SNPS, CRWD, CHTR, META, CCEP                  
                      
                      
MACD Crossover:                      
Up   10                   
ADI, PAYX, TEAM, VRSK, TMUS, GFS, EXC, CMCSA, EA, ROST                   
                      
Down   4                   
CSGP, MAR, DASH, MRNA                     
                      

SPY Market Forecast   87.48 Bullish pointing up in the upper zone                 
   0.76   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 SIDEWAYS                   
                      
Indices                      
UP:     QQQ +0.82% ; SPY +0.59% ; DIA +0.19% ;            
Down:              IWM -0.57%          
                      
  TLT -0.30% at 92.66                 
  VIX -0.56% at 14.33                 
                      
                      
Sectors                      
  9 sectors closed higher led by  XLC +2.05%  and  XLY +0.76%    Lower =  2         
  8           sectors closing above 30d. SMA  and 3   closing below.   
                      
XLC leaders     :    GOOGL, GOOG, META, TTD                
XLY leaders     :    TSLA, MBLY, DKNG, PDD                
XLP leaders     :    PEP, BTI, DG, K                 
                      
Uptrend  XLC, XLP, XLF, XLK, XLE, XLI, XLB, XLV, XLRE                 
Sideways  XLY, XLU                   
Downtrend                      
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led           1,418    to               1,381  and  Nasdaq   Weakened   as  Advancers led            1,896    to            2,405       
                      
FANGT Stocks                      
UP:     TSLA ; GOOGL ; META ; NFLX ; NVDA ; AAPL ; MSFT ; AMZN      
Down:                         
                      
                      
NDX Leaders:                        
72 closing higher  and  28 closing Lower                
TSLA : +6.25% ;  GOOGL : +4.60% ;  GOOG : +4.44%            
                      
DJIA Leaders:                        
16 closing higher  and  14 closing Lower                
CRM : +2.10% ;  DIS : +1.70% ;  CAT : +1.42%            
                      
SP500 Leaders:                        
306 closing higher  and  194 closing Lower                
TSLA : +6.25% ;  MTCH : +4.71% ;  GOOGL : +4.60%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   47                   
GOOGL, GOOG, PDD, PEP, DXCM, META, ANSS, PYPL, NFLX, CEG, CHTR, MAR, CRWD, PCAR, LRCX, GEHC, AMAT, CSGP, KLAC, FAST, CMCSA, ABNB, NVDA, CSCO, MU, MNST, CCEP, MRNA, EXC, BKR, MSFT, FANG, AEP, ORLY, AMZN, SPLK, CPRT, QCOM, CDW, AMD, CTAS, MCHP, AZN, DASH, ISRG, LULU, TXN
                      
Stocks to watch on    Tuesday                   
                      
 Nasdaq100  xsing above30   = 8                  
  PDD, PEP, ANSS, CHTR, MAR, CRWD, LRCX, CSCO                 
                      
 Nasdaq100  xsing below30  = 3                  
  ROP, REGN, ADI                   
                      
                      
MACD Crossover:                      
Up   2                   
WDAY, KHC                      
                      
Down   4                   
ROP, MCHP, AZN, ADI                      
                      
  

QQQ closed just below the 10ds SMA. Note the bearish divergence. Real Estate (XLRE) closed higher followed by Energy (XLE). Apple bounced but sold at the end of the day.

 SPY Market Forecast   87.38 Defensive pointing down in the upper zone                 
   0.7   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:                         
Down:     IWM -0.06% ; DIA -0.12% ; SPY -0.60% ; QQQ -1.44%          
                      
  TLT -0.17% at 95.74                 
  VIX +1.94% at 14.72                 
                      
                      
Sectors                      
  4 sectors closed higher led by  XLRE +1.18%  and  XLE +0.35%    Lower =  7         
  11           sectors closing above 30d. SMA  and 0   closing below.   
                      
XLRE leaders     :    ZG, Z, EXR, SBAC                 
XLE leaders     :    EQNR, XOM, PXD, EOG                
XLU leaders     :    NEE, XEL, PPL, ES                 
                      
Uptrend  XLRE, XLE, XLF, XLC, XLV, XLI, XLB, XLP, XLK                 
Sideways  XLU, XLY                   
Downtrend                      
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led           1,545    to               1,230  and  Nasdaq   Weakened   as  Advancers led            2,102    to            2,141       
                      
FANGT Stocks                      
UP:     AAPL ; GOOGL ;                 
Down:         NFLX ; MSFT ; AMZN ; META ; TSLA ; NVDA      
                      
                      
NDX Leaders:                        
35 closing higher  and  66 closing Lower                
MRNA : +3.63% ;  TEAM : +2.88% ;  CMCSA : +2.01%            
                      
DJIA Leaders:                        
14 closing higher  and  16 closing Lower                
MMM : +1.38% ;  CSCO : +1.23% ;  WBA : +1.05%            
                      
SP500 Leaders:                        
254 closing higher  and  246 closing Lower                
ETSY : +5.72% ;  CCL : +4.53% ;  MRNA : +3.63%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   58                   
MRNA, GILD, DXCM, MAR, GEHC, CSGP, ABNB, CSX, AZN, INTU, EXC, PCAR, FANG, SPLK, CCEP, CDW, ROST, ISRG, TMUS, TTD, AEP, IDXX, MNST, FAST, CPRT, REGN, CTAS, ORLY, NFLX, BKR, AMZN, HON, DASH, ADI, META, ANSS, MU, DLTR, TXN, AMD, SNPS, CRWD, FTNT, NXPI, QCOM, CDNS, AMAT, KLAC, ODFL, LRCX, INTC, MCHP, ON, CEG, ASML, NVDA, AVGO, MRVL
                      
Stocks to watch on    Monday                   
                      
 Nasdaq100  xsing above30   = 2                  
  GILD, INTU                   
                      
 Nasdaq100  xsing below30  = 2                  
  MSFT, COST                   
                      
                      
MACD Crossover:                      
Up   3                   
WBA, LULU, CRWD                      
                      
Down   0