All indices in new 52 wks lows. SPY Market Forecast in the lower zone. Energy (XLE), Utilities (XLU) and Basic Materials (XLB) sectors closed higher.

 Futures to Watch - Daily Setups                 
/CL[K22]   $105.13 ( 5.37 / +5.38% ) ; Setup:   Channel         
/GC[M22]   $1,852.90 ( 11.9 / +0.65% ) ; Setup:   Bear Flag         
/ES[M22]   $3,939.75 ( -57 / -1.43% ) ; Setup:   New 52 weeks low         
/NQ[M22]   $12,008.00 ( -341 / -2.76% ) ; Setup:   New 52 weeks low         
                   
                   
                   
SPY Market Forecast   7.28 Bearish pointing down in the lower zone              
   0.91   PCALL - 10 day SMA (0.75 - 1.00)            
                   
SPY INTERMEDIATE TERM:  Downtrend- Price below 30 &10 Wk SMA              
  6-months DOWN                
  10-days DOWN                
  3-days DOWN                
                   
Indices                   
UP:                      
Down:     DIA -1.05% ; SPY -1.59% ; IWM -2.49% ; QQQ -2.99%       
                   
  TLT +1.93% at 117.94              
  VIX -1.45% at 32.51              
                   
SPY   : Bearish   below 30ds SMA            
QQQ   : Bearish   below 30ds SMA            
DIA   : Bearish   below 30ds SMA            
IWM   : Bearish   below 30ds SMA            
                   
                   
Sectors                   
  3 sectors closed higher led by  XLE +1.34%  and  XLU +0.72%    Lower =  8      
  2            closing above 30d. SMA  and 9   closing below.
                   
XLE leaders     :    BKR, HES, MRO, APA             
XLU leaders     :    EXC, ED, PNW, EIX              
XLB leaders     :    MOS, FMC, CF, IFF              
                   
Uptrend  XLE, XLP                
Sideways  XLU, XLB, XLRE, XLV                
Downtrend  XLI, XLF, XLC, XLK, XLY                
                   
                   
Breath:                   
NYSE Weakened  as  Decliners led  1031   to   2377 and  Nasdaq   Weakened   as  Decliners led 1005   to   3857   
                   
                   
NDX Leaders:                     
14 closing higher  and  88 closing Lower             
EA : +7.97% ;  EXC : +1.84% ;  BKNG : +1.33%         
                   
DJIA Leaders:                     
8 closing higher  and  22 closing Lower             
V : +1.62% ;  MRK : +1.57% ;  DOW : +1.49%         
                   
SP500 Leaders:                     
123 closing higher  and  372 closing Lower             
VIAC : N/A ;  DISCK : N/A ;  XLNX : N/A         
                   
NASDAQ 100                   
                   
Nasdaq Above 30MA    =   4                
MNST, XEL, KHC, MDLZ                   
                   
Stocks to watch on    Thursday                
                   
 Nasdaq100  xsing above30   = 1               
  XEL                 
                   
 Nasdaq100  xsing below30  = 3               
  HON, GILD, NXPI