SPY moved above 30ds SMA with bearish Market Forecast. All indices closed higher led by QQQ (2%)

 Futures to Watch - Daily Setups                   
/CL[K22]   $104.20 ( 3.6 / +3.58% ) ; Setup:   HBO Bearsih           
/GC[M22]   $1,981.00 ( 4.9 / +0.25% ) ; Setup:   HBO Bullish           
/ES[M22]   $4,439.00 ( 46 / +1.05% ) ; Setup:   Channel            
/NQ[M22]   $14,219.25 ( 274.25 / +1.97% ) ; Setup:   Channel            
                     
                     
                     
SPY Market Forecast   61.09 Bearish pointing down in the middle zone              
   0.74   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 +2.03% ; IWM +1.90% ; SPY +1.15% ; DIA +1.03%         
Down:                        
                     
  TLT +0.20% at 123.22                
  VIX -10.22% at 21.78                
                     
SPY   : Channel   crossing above 30ds SMA             
QQQ   : Channel   below 30ds SMA              
DIA   : Channel   above 30ds SMA              
IWM   : Bearish HBO   below 30ds SMA              
                     
                     
Sectors                     
  9 sectors closed higher led by  XLY +2.49%  and  XLK +1.61%    Lower =  1        
  9            closing above 30d. SMA  and 2   closing below.  
                     
XLY leaders     :    GPS, MAR, HLT, NCLH               
XLK leaders     :    MPWR, ENPH, EPAM               
XLE leaders     :    APA, VLO, CTRA, SLB               
                     
Uptrend  XLE, XLB, XLP, XLV, XLU                  
Sideways  XLY, XLI, XLRE, XLF                  
Downtrend  XLK, XLC                  
                     
                     
Breath:                     
NYSE Strengthened  as  Advancers led  2453   to   892 and  Nasdaq   Strengthened  as  Advancers led 3538   to   1263     
                     
                     
NDX Leaders:                       
93 closing higher  and  9 closing Lower               
SPLK : +8.59% ;  ZS : +8.17% ;  ZM : +7.80%           
                     
DJIA Leaders:                       
28 closing higher  and  2 closing Lower               
BA : +3.74% ;  WMT : +2.60% ;  AXP : +2.31%           
                     
SP500 Leaders:                       
399 closing higher  and  98 closing Lower               
VIAC : N/A ;  AAL : +10.62% ;  GPS : +8.23%           
                     
NASDAQ 100                     
                     
Nasdaq Above 30MA    =   52                  
SPLK, ZS, ZM, MAR, ABNB, CRWD, MRNA, PDD, DOCU, DDOG, LULU, TEAM, CEG, NTES, SGEN, BKNG, TSLA, VRTX, FTNT, BIIB, PANW, TMUS, CHTR, DLTR, REGN, FAST, KHC, HON, INTU, MELI, DXCM, COST, AAPL, MNST, CMCSA, AMGN, EXC, ADP, PAYX, ORLY, CTAS, ROST, GILD, AZN, FB, MDLZ, SIRI, AEP, PEP, VRSK, ILMN, XEL
                     
Stocks to watch on    Thursday                  
                     
 Nasdaq100  xsing above30   = 11                 
  SPLK, ZS, ZM, MAR, MRNA, PDD, DDOG, TEAM, CHTR, INTU, MELI              
                     
 Nasdaq100  xsing below30  = 0                 
                     
                     
                     
MACD Crossover:                     
Up   6                  
LULU, OKTA, BIIB, TMUS, CHTR, WBA                   
                     
Down   1                  
AZN