Mixed signals. SPY Market Forecast is bullish, while is still in a downtrend in the weekly chart. IWM down 1.24%. All indices lower with the exception of XLY.

 Futures to Watch - Daily Setups                
/CL[K22]   $115.30 ( 0.23 / +0.20% ) ; Setup:   topping tail.         
/GC[M22]   $1,840.20 ( -17.1 / -0.92% ) ; Setup:   Bear Flag        
/ES[M22]   $4,131.50 ( -24.25 / -0.58% ) ; Setup:   Bear Flag        
/NQ[M22]   $12,652.25 ( -25.5 / -0.20% ) ; Setup:   Bear Flag        
                  
                  
                  
SPY Market Forecast   35.14 Bullish pointing up in the middle zone             
   0.87   PCALL - 10 day SMA (0.75 - 1.00)           
                  
SPY INTERMEDIATE TERM:  Downtrend- Price below 30 &10 Wk SMA             
  6-months DOWN               
  10-days UP               
  3-days UP               
                  
Indices                  
UP:                     
Down:     QQQ -0.27% ; SPY -0.56% ; DIA -0.56% ; IWM -1.24%      
                  
  TLT -2.12% at 116.56             
  VIX -1.32% at 26.19             
                  
SPY   : Bullish    Above 30ds SMA           
QQQ   : Bearish   below 30ds SMA           
DIA   : Bullish    above 30ds SMA           
IWM   : Bullish    above 30ds SMA           
                  
                  
Sectors                  
  1 sectors closed higher led by  XLY +0.51%  and  XLC -0.07%    Lower =  10     
  7            closing above 30d. SMA  and 4   closing below.
                  
XLY leaders     :    AMZN, UA, HAS, NKE            
XLC leaders     :    VIAC, DISCK, DISCA, DISH            
XLF leaders     :    PBCT, SYF, SBNY, CFG            
                  
Uptrend  XLE                
Sideways  XLU, XLB               
Downtrend  XLY, XLC, XLF, XLK, XLP, XLI, XLV, XLRE              
                  
                  
Breath:                  
NYSE Weakened  as  Decliners led  1165   to   2158 and  Nasdaq   Weakened   as  Decliners led 1917   to   2834  
                  
                  
NDX Leaders:                    
23 closing higher  and  77 closing Lower            
JD : +4.55% ;  AMZN : +4.40% ;  PDD : +4.24%        
                  
DJIA Leaders:                    
9 closing higher  and  21 closing Lower            
NKE : +2.47% ;  DIS : +1.02% ;  JPM : +0.73%        
                  
SP500 Leaders:                    
105 closing higher  and  389 closing Lower            
VIAC : N/A ;  DISCK : N/A ;  XLNX : N/A        
                  
NASDAQ 100                  
                  
Nasdaq Above 30MA    =   60               
JD, PDD, QCOM, SBUX, LCID, PCAR, NFLX, BIDU, MU, AMGN, ADI, CTAS, SIRI, WBA, CMCSA, SWKS, EA, GILD, PYPL, MCHP, NTES, INTC, AMD, ATVI, MSFT, AVGO, MAR, CHTR, TMUS, MNST, TXN, NVDA, ADP, BKNG, SNPS, FISV, ASML, FTNT, XEL, MTCH, AZN, EXC, AEP, MRNA, CDNS, ADSK, KLAC, AMAT, CPRT, VRTX, INTU, LRCX, ZM, DOCU, ADBE, MRVL, DLTR, NXPI, SGEN, CEG
                  
Stocks to watch on    Wednesday               
                  
 Nasdaq100  xsing above30   = 2              
  NFLX, SWKS               
                  
 Nasdaq100  xsing below30  = 7              
  FAST, HON, ORLY, ANSS, PEP, BIIB, REGN             
                  
                  
MACD Crossover:                  
Up   1               
MDLZ                  
                  
Down   1               
KDP                  
                  

SPY Market Forecast is Bullish moving to the middle zone. Consumer Discr (XLY) and Communications (XLC) let the move to the upside

 Futures to Watch - Daily Setups                   
/CL[K22]   $114.10 ( 0.01 / +0.01% ) ; Setup:   HBO            
/GC[M22]   $1,855.20 ( 1.3 / +0.07% ) ; Setup:   Range            
/ES[M22]   $4,052.50 ( -3.25 / -0.08% ) ; Setup:   Bear Flag           
/NQ[M22]   $12,269.00 ( -10.25 / -0.08% ) ; Setup:   Bear Flag           
                     
                     
                     
SPY Market Forecast   23.08 Bullish pointing up in the middle zone                
   0.88   PCALL - 10 day SMA (0.75 - 1.00)              
                     
SPY INTERMEDIATE TERM:  Downtrend- Price below 30 &10 Wk SMA                
  6-months DOWN                  
  10-days UP                  
  3-days UP                  
                     
Indices                     
UP:     QQQ +2.77% ; IWM +2.23% ; SPY +2.00% ; DIA +1.61%         
Down:                        
                     
  TLT -0.45% at 118.79                
  VIX -3.07% at 27.5                
                     
SPY   : Bearish   below 30ds SMA              
QQQ   : Bearish   below 30ds SMA              
DIA   : Bearish   below 30ds SMA              
IWM   : Bearish   below 30ds SMA              
                     
                     
Sectors                     
  10 sectors closed higher led by  XLY +4.90%  and  XLC +2.43%    Lower =  1        
  5            closing above 30d. SMA  and 6   closing below.  
                     
XLY leaders     :    DLTR, DG, NCLH, CZR               
XLC leaders     :    VIAC, DISCK, DISCA, TWTR               
XLK leaders     :    XLNX, DXC, AMD                
                     
Uptrend  XLE                   
Sideways  XLB, XLU                  
Downtrend  XLY, XLC, XLK, XLF, XLI, XLP, XLV, XLRE                 
                     
                     
Breath:                     
NYSE Strengthened  as  Advancers led  2741   to   568 and  Nasdaq   Strengthened  as  Advancers led 3509   to   1209     
                     
                     
NDX Leaders:                       
92 closing higher  and  10 closing Lower               
DLTR : +21.87% ;  BIDU : +14.14% ;  LULU : +10.29%           
                     
DJIA Leaders:                       
27 closing higher  and  3 closing Lower               
BA : +4.65% ;  NKE : +4.38% ;  HD : +3.15%           
                     
SP500 Leaders:                       
446 closing higher  and  52 closing Lower               
VIAC : N/A ;  DISCK : N/A ;  XLNX : N/A           
                     
NASDAQ 100                     
                     
Nasdaq Above 30MA    =   39                  
DLTR, BIDU, PDD, LCID, AMD, AMAT, CEG, ZM, KLAC, LRCX, NXPI, NTES, MU, BKNG, CHTR, MCHP, CPRT, CDNS, FTNT, TXN, SNPS, SIRI, FISV, ADBE, SGEN, MNST, ADI, TMUS, CMCSA, EA, ATVI, EXC, AEP, AMGN, AZN, VRTX, GILD, XEL, REGN
                     
Stocks to watch on    Friday                  
                     
 Nasdaq100  xsing above30   = 15                 
  DLTR, BIDU, PDD, LCID, AMAT, CEG, MU, BKNG, CPRT, CDNS, FTNT, TXN, FISV, ADBE, ATVI           
                     
 Nasdaq100  xsing below30  = 0                 
                     
                     
                     
MACD Crossover:                     
Up   15                  
DLTR, LULU, TSLA, MAR, COST, MU, ODFL, INTC, QCOM, ADSK, AAPL, WBA, MNST, DDOG, PEP              
                     
Down   0                  
                     
                     

SPY still in the oversold area pointing up, but below 20. All indices closed higher led by IWM in a countertrend move. XLY up 2.82%

 Futures to Watch - Daily Setups                   
/CL[K22]   $110.74 ( 0.41 / +0.37% ) ; Setup:   HBO            
/GC[M22]   $1,857.80 ( 5.3 / +0.29% ) ; Setup:   Range            
/ES[M22]   $3,970.00 ( -6.75 / -0.17% ) ; Setup:   Bear Flag           
/NQ[M22]   $11,893.25 ( -49 / -0.41% ) ; Setup:   Bear Flag           
                     
                     
                     
SPY Market Forecast   17.27 Bullish pointing up in the lower zone                
   0.9   PCALL - 10 day SMA (0.75 - 1.00)              
                     
SPY INTERMEDIATE TERM:  Downtrend- Price below 30 &10 Wk SMA                
  6-months DOWN                  
  10-days UP                  
  3-days UP                  
                     
Indices                     
UP:     IWM +1.80% ; QQQ +1.40% ; SPY +0.88% ; DIA +0.59%         
Down:                        
                     
  TLT +0.40% at 119.33                
  VIX -3.67% at 28.37                
                     
SPY   : Bearish   below 30ds SMA              
QQQ   : Bearish   below 30ds SMA              
DIA   : Bearish   below 30ds SMA              
IWM   : Bearish   below 30ds SMA              
                     
                     
Sectors                     
  9 sectors closed higher led by  XLY +2.82%  and  XLE +2.07%    Lower =  2        
  2            closing above 30d. SMA  and 9   closing below.  
                     
XLY leaders     :    GPS, BBY, BBWI, NWL               
XLE leaders     :    APA, FANG, CTRA, MRO               
XLC leaders     :    VIAC, DISCK, DISCA, LYV               
                     
Uptrend  XLE                   
Sideways  XLB, XLU                  
Downtrend  XLY, XLC, XLK, XLF, XLI, XLRE, XLP, XLV                 
                     
                     
Breath:                     
NYSE Strengthened  as  Advancers led  2588   to   703 and  Nasdaq   Strengthened  as  Advancers led 3292   to   1435     
                     
                     
NDX Leaders:                       
90 closing higher  and  12 closing Lower               
ZM : +8.48% ;  DOCU : +8.32% ;  INTU : +8.21%           
                     
DJIA Leaders:                       
24 closing higher  and  6 closing Lower               
AXP : +3.14% ;  BA : +2.23% ;  HD : +1.96%           
                     
SP500 Leaders:                       
372 closing higher  and  125 closing Lower               
VIAC : N/A ;  DISCK : N/A ;  XLNX : N/A           
                     
NASDAQ 100                     
                     
Nasdaq Above 30MA    =   24                  
ZM, LRCX, NXPI, KLAC, SGEN, NTES, CHTR, TMUS, AMD, CMCSA, MCHP, GILD, SNPS, VRTX, REGN, EA, AMGN, EXC, ADI, MNST, AEP, AZN, SIRI, XEL         
                     
Stocks to watch on    Thursday                  
                     
 Nasdaq100  xsing above30   = 7                 
  ZM, LRCX, KLAC, SGEN, CHTR, AMD, CMCSA                
                     
 Nasdaq100  xsing below30  = 0                 
                     
                     
                     
MACD Crossover:                     
Up   6                  
WDAY, PCAR, EBAY, INTC, ATVI, AAPL                   
                     
Down   0