Indices pulled down to the third day of bull flag setup. Crude Oil (/CL) closed just below 100 a barrel. SPY Market Forecast is pointing down and defensive. Real Estate (XLRE) and Utilities (XLU) led the sectors to the upside.

 Futures to Watch - Daily Setups                 
/CL[K22]   $99.42 ( -0.86 / -0.86% ) ; Setup:   Channel          
/GC[M22]   $1,928.50 ( -25.5 / -1.31% ) ; Setup:   Channel          
/ES[M22]   $4,538.50 ( 7.75 / +0.17% ) ; Setup:   2nd day Bull Flag         
/NQ[M22]   $14,852.25 ( -16.5 / -0.11% ) ; Setup:   2nd day Bull Flag         
                   
                   
                   
SPY Market Forecast   90.87 Defensive pointing down in the upper zone            
   0.67   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 DOWN                
                   
Indices                   
UP:     IWM +1.12% ; DIA +0.34% ; SPY +0.28% ;         
Down:              QQQ -0.19%       
                   
  TLT +0.23% at 132.38              
  VIX -4.52% at 19.63              
                   
SPY   : 3st day bull flag   above 30ds SMA            
QQQ   : 3st day bull flag   above 30ds SMA            
DIA   : 3st day bull flag   above 30ds SMA            
IWM   : Back into the Channel   above 30ds SMA            
                   
                   
Sectors                   
  8 sectors closed higher led by  XLRE +1.99%  and  XLU +1.40%    Lower =  3      
  11            closing above 30d. SMA  and 0   closing below.
                   
XLRE leaders     :    DLR, EQIX, UDR, PLD             
XLU leaders     :    ETR, SO, DTE, AWK              
XLB leaders     :    NEM, FCX, IFF, SHW             
                   
Uptrend  XLU, XLB, XLE, XLV, XLI                
Sideways  XLRE, XLP, XLC, XLY, XLF, XLK               
Downtrend                   
                   
                   
Breath:                   
NYSE Strengthened  as  Advancers led  2162   to   1161 and  Nasdaq   Strengthened  as  Advancers led 2751   to   2017   
                   
                   
NDX Leaders:                     
63 closing higher  and  39 closing Lower             
NTES : +6.82% ;  BIDU : +6.55% ;  PDD : +6.33%         
                   
DJIA Leaders:                     
20 closing higher  and  10 closing Lower             
VZ : +2.32% ;  V : +2.07% ;  MRK : +1.79%         
                   
SP500 Leaders:                     
333 closing higher  and  168 closing Lower             
VIAC : N/A ;  EW : +4.54% ;  NEM : +4.19%         
                   
NASDAQ 100                   
                   
Nasdaq Above 30MA    =   81                
NTES, ILMN, TEAM, DXCM, SGEN, CEG, MELI, MNST, ADP, MRNA, ZS, VRTX, CMCSA, TMUS, PAYX, AEP, FISV, PEP, DOCU, KHC, DDOG, ISRG, VRSN, MDLZ, IDXX, FB, KDP, ATVI, PYPL, BKNG, XEL, EBAY, GOOGL, ABNB, GOOG, HON, CDNS, AZN, ZM, TSLA, INTU, LULU, SBUX, ADBE, AMGN, SNPS, FAST, CTSH, MSFT, AMZN, CRWD, MTCH, CPRT, ROST, ADI, EXC, BIIB, ASML, COST, AAPL, CSCO, VRSK, NFLX, CTAS, ANSS, AVGO, DLTR, SIRI, SPLK, REGN, ADSK, WDAY, TXN, FTNT, MRVL, MAR, MCHP, KLAC, PANW, NVDA, INTC
                   
Stocks to watch on    Monday                
                   
 Nasdaq100  xsing above30   = 4               
  NTES, MDLZ, ATVI, ROST                
                   
 Nasdaq100  xsing below30  = 6               
  EA, LRCX, ORLY, AMAT, LCID, CSX               
                   
                   
MACD Crossover:                   
Up   1                
SGEN                   
                   
Down   15                
AMZN, CPRT, ASML, WDAY, TXN, MRVL, SWKS, AMD, NXPI, NVDA, INTC, PCAR, AMAT, QCOM, CSX