SPY Market Forecast is bearish. QQQ up 1.28%. All indices below 30ds SMA.

 Futures to Watch - Daily Setups                 
/CL[K22]   $98.90 ( -3.17 / -3.11% ) ; Setup:   Channel         
/GC[M22]   $1,898.90 ( -35.4 / -1.83% ) ; Setup:   Channel         
/ES[M22]   $4,291.75 ( 24.5 / +0.57% ) ; Setup:   Channel         
/NQ[M22]   $13,523.00 ( 169.5 / +1.27% ) ; Setup:   Channel         
                   
                   
                   
SPY Market Forecast   44.9 Bearish pointing down in the middle zone            
   0.79   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:     QQQ +1.28% ; DIA +0.68% ; IWM +0.61% ; SPY +0.58%       
Down:                      
                   
  TLT +1.00% at 121.19              
  VIX -4.22% at 27.02              
                   
SPY   : Channel at support   below 30ds SMA            
QQQ   : Channel at support   below 30ds SMA            
DIA   : Channel   below 30ds SMA            
IWM   : Channel at support - Bearish HBO  below 30ds SMA            
                   
                   
Sectors                   
  6 sectors closed higher led by  XLK +1.50%  and  XLC +1.37%    Lower =  4      
  3            closing above 30d. SMA  and 8   closing below.
                   
XLK leaders     :    FTNT, MPWR, CDAY             
XLC leaders     :    VIAC, MTCH, TWTR, LYV             
XLY leaders     :    GPS, PENN, PHM, DHI             
                   
Uptrend  XLV, XLP, XLB, XLU, XLE                
Sideways  XLY, XLF, XLI, XLRE                
Downtrend  XLK, XLC                
                   
                   
Breath:                   
NYSE Weakened  as  Decliners led  1635   to   1714 and  Nasdaq   Strengthened  as  Decliners led 2688   to   2167   
                   
                   
NDX Leaders:                     
88 closing higher  and  13 closing Lower             
MRNA : +7.18% ;  MTCH : +6.70% ;  MELI : +6.34%         
                   
DJIA Leaders:                     
22 closing higher  and  8 closing Lower             
JNJ : +2.46% ;  MSFT : +2.44% ;  AXP : +1.97%         
                   
SP500 Leaders:                     
290 closing higher  and  207 closing Lower             
VIAC : N/A ;  MRNA : +7.18% ;  MTCH : +6.70%         
                   
NASDAQ 100                   
                   
Nasdaq Above 30MA    =   22                
BIIB, ROST, MAR, ADP, VRSK, BKNG, DLTR, LULU, MNST, MDLZ, PEP, ORLY, AMGN, GILD, VRTX, AEP, EXC, EA, CEG, KHC, TSLA, XEL         
                   
Stocks to watch on    Tuesday                
                   
 Nasdaq100  xsing above30   = 3               
  BIIB, ADP, BKNG                
                   
 Nasdaq100  xsing below30  = 1               
  COST                 
                   
                   
MACD Crossover:                   
Up   3                
LRCX, AMAT, INTC                   
                   
Down   1                
ASML