New 52 Wks low in SPY and QQQ. SPY Market Forecast Bearish.

 Futures to Watch - Daily Setups                 
/CL[K22]   $110.35 ( 0.46 / +0.42% ) ; Setup:   Range          
/GC[M22]   $1,845.10 ( 3.9 / +0.21% ) ; Setup:   Breaking above descending channel       
/ES[M22]   $3,902.00 ( 4.25 / +0.11% ) ; Setup:   New 52 weeks low         
/NQ[M22]   $11,838.00 ( -40.25 / -0.34% ) ; Setup:   New 52 weeks low         
                   
                   
                   
SPY Market Forecast   16.24 Bearish pointing down in the lower zone              
   0.94   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:     SPY +0.04% ;               
Down:           IWM -0.25% ; QQQ -0.31%       
                   
  TLT +1.14% at 118.51              
  VIX +0.27% at 29.43              
                   
SPY   : Bearish   below 30ds SMA            
QQQ   : Bearish   below 30ds SMA            
DIA   : Bearish   below 30ds SMA            
IWM   : Bearish   below 30ds SMA            
                   
                   
Sectors                   
  7 sectors closed higher led by  XLV +1.22%  and  XLRE +1.17%    Lower =  4      
  1            closing above 30d. SMA  and 10   closing below.
                   
XLV leaders     :    LLY, PFE, BIIB              
XLRE leaders     :    AMT, DLR, EQIX, SBAC             
XLE leaders     :    APA, HAL, MRO, WMB             
                   
Uptrend  XLE                 
Sideways  XLU, XLB                
Downtrend  XLV, XLRE, XLC, XLK, XLP, XLF, XLI, XLY               
                   
                   
Breath:                   
NYSE Weakened  as  Decliners led  1535   to   1736 and  Nasdaq   Weakened   as  Decliners led 2125   to   2558   
                   
                   
NDX Leaders:                     
62 closing higher  and  39 closing Lower             
PANW : +9.70% ;  CRWD : +4.28% ;  FTNT : +3.68%         
                   
DJIA Leaders:                     
16 closing higher  and  14 closing Lower             
CSCO : +2.92% ;  CRM : +2.60% ;  MCD : +2.14%         
                   
SP500 Leaders:                     
287 closing higher  and  206 closing Lower             
VIAC : N/A ;  DISCK : N/A ;  XLNX : N/A         
                   
NASDAQ 100                   
                   
Nasdaq Above 30MA    =   16                
AZN, NXPI, SNPS, NTES, AMGN, MNST, ADI, GILD, EA, LRCX, BIDU, KLAC, XEL, SGEN, PDD, AMD            
                   
Stocks to watch on    Monday                
                   
 Nasdaq100  xsing above30   = 3               
  AZN, AMGN, LRCX                
                   
 Nasdaq100  xsing below30  = 1               
  LCID                 
                   
                   
MACD Crossover:                   
Up   4                
PANW, CRWD, OKTA, DDOG                  
                   
Down   1                
ORLY