Crude Oil and Gold moved down in the uptrend. QQQ and IWM led the indices. SPY Market Forecast moved higher and it is short term bullish.

 Futures to Watch - Daily Setups                    
/CL[K22]   $102.13 ( -5.48 / -5.09% ) ; Setup:   Channel            
/GC[M22]   $1,950.70 ( -35.7 / -1.80% ) ; Setup:   Channel            
/ES[M22]   $4,442.25 ( 55.5 / +1.27% ) ; Setup:   Channel            
/NQ[M22]   $14,102.25 ( 194.5 / +1.40% ) ; Setup:   Channel            
                      
                      
                      
SPY Market Forecast   54.02 Bullish pointing up in the middle zone                 
   0.75   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Sideways- Price in between 30 &10 Wk SMA                
  6-months SIDEWAYS                   
  10-days DOWN                   
  3-days SIDEWAYS                   
                      
Indices                      
UP:     QQQ +2.24% ; IWM +1.99% ; SPY +1.62% ; DIA +1.48%          
Down:                         
                      
  TLT -0.75% at 119.25                 
  VIX -4.24% at 21.23                 
                      
SPY   : Channel   crossing above 30ds SMA              
QQQ   : Channel   below 30ds SMA               
DIA   : Channel   above 30ds SMA               
IWM   : Bearish HBO   below 30ds SMA               
                      
                      
Sectors                      
  10 sectors closed higher led by  XLY +2.90%  and  XLRE +2.10%    Lower =  1         
  9            closing above 30d. SMA  and 2   closing below.   
                      
XLY leaders     :    WYNN, KMX, PENN, HAS                
XLRE leaders     :    HST, PLD, WY, DLR                 
XLC leaders     :    VIAC, CHTR, LYV, MTCH                
                      
Uptrend  XLP, XLV, XLB, XLU, XLE                   
Sideways  XLY, XLRE, XLI, XLF                   
Downtrend  XLC, XLK                   
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led  2274   to   1059 and  Nasdaq   Strengthened  as  Advancers led 3369   to   1346      
                      
                      
NDX Leaders:                        
92 closing higher  and  10 closing Lower                
ISRG : +6.70% ;  OKTA : +6.69% ;  DOCU : +5.93%            
                      
DJIA Leaders:                        
27 closing higher  and  3 closing Lower                
NKE : +4.12% ;  BA : +3.41% ;  DIS : +3.23%            
                      
SP500 Leaders:                        
441 closing higher  and  58 closing Lower                
VIAC : N/A ;  SBNY : +8.10% ;  ABMD : +7.27%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   49                   
ISRG, DOCU, MELI, CEG, BIIB, LULU, AMZN, INTU, FB, MAR, ROST, HON, CMCSA, ABNB, MDLZ, FISV, TSLA, ZS, VRSN, DXCM, COST, SPLK, VRSK, GILD, ILMN, BKNG, PANW, MNST, CRWD, TMUS, PEP, FTNT, TXN, CTAS, PAYX, ADI, ORLY, KHC, ADP, XEL, AEP, AMGN, EXC, NTES, SGEN, DLTR, VRTX, AZN, REGN
                      
Stocks to watch on    Wednesday                   
                      
 Nasdaq100  xsing above30   = 10                  
  ISRG, DOCU, MELI, AMZN, FB, CMCSA, ZS, VRSN, ILMN, TXN               
                      
 Nasdaq100  xsing below30  = 0                  
                      
                      
                      
MACD Crossover:                      
Up   6                   
OKTA, ALGN, ODFL, NXPI, HON, QCOM                    
                      
Down   2                   
AMGN, VRTX