Tuesday, June 28, 2022

                       
Futures to Watch - Daily Setups                    
/CL[K22]   $111.84 ( 0.08 / +0.07% ) ; Setup:   Bear Flag            
/GC[M22]   $1,821.40 ( 0.2 / +0.01% ) ; Setup:   Channel             
/ES[M22]   $3,828.00 ( 2.5 / +0.07% ) ; Setup:   Bear Flag Triggered - HBO           
/NQ[M22]   $11,680.50 ( 6.25 / +0.05% ) ; Setup:   Bear Flag Triggered - HBO           
                      
                      
                      
SPY Market Forecast   36.51 Bullish pointing up in the middle zone                 
   0.86   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Downtrend- Price below 30 &10 Wk SMA                 
  6-months DOWN                   
  10-days SIDEWAYS                   
  3-days DOWN                   
                      
Indices                      
UP:                         
Down:     DIA -1.60% ; IWM -1.88% ; SPY -2.04% ; QQQ -3.05%          
                      
  TLT +0.47% at 112.12                 
  VIX +5.23% at 28.36                 
                      
SPY   : bearish   below 30ds SMA               
QQQ   : bearish   below 30ds SMA               
DIA   : bearish   below 30ds SMA               
IWM   : bearish   below 30ds SMA               
                      
                      
Sectors                      
  1 sectors closed higher led by  XLE +2.70%  and  XLU -0.37%    Lower =  10         
  0            closing above 30d. SMA  and 11   closing below.   
                      
XLE leaders     :    HES, OXY, MRO, FANG                
XLU leaders     :    XEL, AEE, DTE, NI                 
XLF leaders     :    PBCT, CFG, MS, CMA                
                      
Uptrend                      
Sideways  XLE                    
Downtrend  XLU, XLF, XLB, XLI, XLP, XLRE, XLV, XLC, XLK, XLY                 
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led  1020   to   2240 and  Nasdaq   Weakened   as  Decliners led 1216   to   3363      
                      
                      
NDX Leaders:                        
4 closing higher  and  97 closing Lower                
FB : N/A ;  QCOM : +3.48% ;  XEL : +0.95%            
                      
DJIA Leaders:                        
3 closing higher  and  27 closing Lower                
CVX : +1.61% ;  DOW : +0.59% ;  UNH : +0.55%            
                      
SP500 Leaders:                        
65 closing higher  and  429 closing Lower                
VIAC : N/A ;  DISCK : N/A ;  XLNX : N/A            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   28                   
SGEN, AZN, BIDU, KDP, ATVI, JD, ORLY, SBUX, ADP, MRNA, DLTR, DXCM, TMUS, FTNT, COST, PDD, CDNS, GOOGL, GOOG, MNST, VRTX, CRWD, TEAM, OKTA, BIIB, ZM, ZS, DDOG       
                      
Stocks to watch on    Wednesday                   
                      
 Nasdaq100  xsing above30   = 0                  
                      
                      
 Nasdaq100  xsing below30  = 25                  
  AMGN, GILD, PEP, MDLZ, PANW, CTAS, SIRI, PAYX, KHC, LCID, SNPS, VRSN, WBA, VRSK, AAPL, CPRT, LULU, MSFT, ODFL, ANSS, INTU, TSLA, NFLX, AMZN, MTCH     
                      
                      
MACD Crossover:                      
Up   1                   
QCOM                      
                      
Down   1                   
DLTR                      
                      

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