SPY Market Forecast rising (short term bullish). QQQ down 1.46%. Sectors led by Real Estate (XLRE) and Consumer Staples (XLP)

 Futures to Watch - Daily Setups                 
/CL[K22]   $102.55 ( 0.5 / +0.49% ) ; Setup:   Channel         
/GC[M22]   $1,958.30 ( -0.7 / -0.04% ) ; Setup:   Channel         
/ES[M22]   $4,467.00 ( 7.75 / +0.17% ) ; Setup:   Channel         
/NQ[M22]   $14,069.75 ( -147.5 / -1.04% ) ; Setup:   Channel         
                   
                   
                   
SPY Market Forecast   56.77 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 SIDEWAYS                
  3-days UP                
                   
Indices                   
UP:     DIA +0.68% ; IWM +0.33% ;            
Down:           SPY -0.06% ; QQQ -1.46%       
                   
  TLT +2.01% at 121.65              
  VIX -4.40% at 20.43              
                   
SPY   : Channel   above 30ds SMA            
QQQ   : Channel   below 30ds SMA            
DIA   : Channel   above 30ds SMA            
IWM   : Bearish HBO   below 30ds SMA            
                   
                   
Sectors                   
  8 sectors closed higher led by  XLRE +1.89%  and  XLP +1.50%    Lower =  3      
  9            closing above 30d. SMA  and 2   closing below.
                   
XLRE leaders     :    AMT, SBAC, AVB, ESS             
XLP leaders     :    PG, MKC, ADM, WBA             
XLV leaders     :    HCA, WAT, CNC              
                   
Uptrend  XLP, XLV, XLU, XLB, XLE                
Sideways  XLRE, XLF, XLI, XLY                
Downtrend  XLK, XLC                
                   
                   
Breath:                   
NYSE Strengthened  as  Advancers led  2121   to   1198 and  Nasdaq   Strengthened  as  Advancers led 2401   to   2385   
                   
                   
NDX Leaders:                     
49 closing higher  and  52 closing Lower             
ISRG : +2.73% ;  ASML : +2.72% ;  IDXX : +2.50%         
                   
DJIA Leaders:                     
24 closing higher  and  6 closing Lower             
IBM : +7.10% ;  PG : +2.66% ;  HD : +2.38%         
                   
SP500 Leaders:                     
375 closing higher  and  121 closing Lower             
VIAC : N/A ;  MTB : +8.82% ;  IBM : +7.10%         
                   
NASDAQ 100                   
                   
Nasdaq Above 30MA    =   45                
ISRG, WBA, PCAR, ORLY, MNST, KHC, FTNT, PAYX, COST, EXC, PEP, ADP, GILD, DLTR, KDP, VRTX, ROST, CDNS, VRSK, DXCM, AZN, MAR, MDLZ, AMGN, XEL, CTAS, ILMN, BKNG, VRSN, REGN, AEP, INTC, TXN, TMUS, PANW, HON, ADI, INTU, FISV, BIIB, CMCSA, CEG, CRWD, ABNB, LULU
                   
Stocks to watch on    Thursday                
                   
 Nasdaq100  xsing above30   = 5               
  WBA, PCAR, KDP, CDNS, INTC               
                   
 Nasdaq100  xsing below30  = 9               
  SGEN, SPLK, AMZN, ZS, MELI, TSLA, NTES, FB, DOCU             
                   
                   
MACD Crossover:                   
Up   9                
ISRG, ASML, KDP, MU, INTC, MCHP, TXN, CSX, ADI                
                   
Down   1                
LULU