SLY Market Forecast continues moving down (bearish). Crude Oil (/CL) in a HBO setup bullish. Energy (XLE) and Utilities (XLU) sectors closed up.

 Futures to Watch - Daily Setups                 
/CL[K22]   $106.52 ( 2.27 / +2.18% ) ; Setup:   HBO above 108.75 Bullish        
/GC[M22]   $1,975.50 ( -9.2 / -0.46% ) ; Setup:   Bull Flag above 1984 Bullish        
/ES[M22]   $4,386.50 ( -55.75 / -1.25% ) ; Setup:   Bear Flag below 4384        
/NQ[M22]   $13,888.75 ( -332.8 / -2.34% ) ; Setup:   HBO Bearish below 13881.25        
                   
                   
                   
SPY Market Forecast   55.94 Bearish pointing down in the middle zone            
   0.74   PCALL - 10 day SMA (0.75 - 1.00)            
                   
SPY INTERMEDIATE TERM:  Downtrend- Price below 30 &10 Wk SMA              
  6-months SIDEWAYS                
  10-days DOWN                
  3-days DOWN                
                   
Indices                   
UP:                      
Down:     DIA -0.39% ; IWM -0.97% ; SPY -1.25% ; QQQ -2.29%       
                   
  TLT -2.00% at 120.75              
  VIX +4.03% at 22.7              
                   
SPY   : Channel   crossing below 30ds SMA           
QQQ   : Channel   below 30ds SMA            
DIA   : Channel   above 30ds SMA            
IWM   : Bearish HBO   below 30ds SMA            
                   
                   
Sectors                   
  2 sectors closed higher led by  XLE +0.33%  and  XLU +0.05%    Lower =  9      
  7            closing above 30d. SMA  and 4   closing below.
                   
XLE leaders     :    SLB, HAL, WMB, XOM             
XLU leaders     :    PEG, NRG, SO, EXC              
XLP leaders     :    TAP, LW, ADM, STZ              
                   
Uptrend  XLE, XLU, XLP, XLB, XLV                
Sideways  XLI, XLRE, XLF, XLY                
Downtrend  XLC, XLK                
                   
                   
Breath:                   
NYSE Weakened  as  Decliners led  1224   to   2116 and  Nasdaq   Weakened   as  Decliners led 1508   to   3175   
                   
                   
NDX Leaders:                     
15 closing higher  and  87 closing Lower             
MAR : +2.83% ;  SGEN : +1.55% ;  DLTR : +1.16%         
                   
DJIA Leaders:                     
11 closing higher  and  19 closing Lower             
NKE : +4.68% ;  CAT : +4.37% ;  DOW : +2.07%         
                   
SP500 Leaders:                     
167 closing higher  and  330 closing Lower             
VIAC : N/A ;  NKE : +4.68% ;  HII : +4.57%         
                   
NASDAQ 100                   
                   
Nasdaq Above 30MA    =   43                
MAR, SGEN, DLTR, EXC, KHC, FISV, AMGN, HON, REGN, ROST, AZN, VRSN, XEL, COST, MDLZ, AEP, PANW, VRSK, GILD, PEP, NTES, BIIB, ABNB, CMCSA, PAYX, VRTX, SIRI, LULU, DXCM, CTAS, TMUS, ORLY, BKNG, MNST, CRWD, ADP, MRNA, CEG, FTNT, SPLK, TSLA, ZS, DOCU
                   
Stocks to watch on Monday (Friday market is close)                
                   
 Nasdaq100  xsing above30   = 2               
  FISV, VRSN                
                   
 Nasdaq100  xsing below30  = 11               
  INTU, CHTR, ILMN, FB, AAPL, ZM, DDOG, FAST, TEAM, MELI, PDD            
                   
                   
MACD Crossover:                   
Up   2                
MAR, CRWD                   
                   
Down   2                
XEL, TMUS