SPY Market Forecast bullish. All indices closed slightly up, led by IWM +0.43%

 Futures to Watch - Daily Setups                   
/CL[K22]   $118.94 ( 0.07 / +0.06% ) ; Setup:   Bull flag 1st day           
/GC[M22]   $1,844.70 ( -5.5 / -0.30% ) ; Setup:   Channel           
/ES[M22]   $4,121.00 ( 14 / +0.34% ) ; Setup:   Channel           
/NQ[M22]   $12,599.00 ( 48 / +0.38% ) ; Setup:   Channel           
                     
                     
                     
SPY Market Forecast   47.79 Bullish pointing up in the middle zone                
   0.81   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 SIDEWAYS                  
                     
Indices                     
UP:     IWM +0.43% ; QQQ +0.33% ; SPY +0.30% ; DIA +0.03%         
Down:                        
                     
  TLT -1.84% at 113.89                
  VIX +1.13% at 25.07                
                     
SPY   : Sideways   above 30ds SMA              
QQQ   : Sideways   Crossing above 30ds SMA             
DIA   : Sideways   above 30ds SMA              
IWM   : Sideways   above 30ds SMA              
                     
                     
Sectors                     
  9 sectors closed higher led by  XLY +1.00%  and  XLB +0.95%    Lower =  2        
  7            closing above 30d. SMA  and 4   closing below.  
                     
XLY leaders     :    ETSY, CZR, APTV, LKQ               
XLB leaders     :    FCX, ALB, SHW, LYB               
XLC leaders     :    VIAC, DISCK, DISCA, GOOG               
                     
Uptrend  XLE                   
Sideways  XLB, XLU                  
Downtrend  XLY, XLC, XLI, XLF, XLP, XLV, XLK, XLRE                 
                     
                     
Breath:                     
NYSE Strengthened  as  Advancers led  1800   to   1458 and  Nasdaq   Strengthened  as  Advancers led 2386   to   2377     
                     
                     
NDX Leaders:                       
65 closing higher  and  37 closing Lower               
JD : +6.53% ;  PDD : +5.60% ;  KDP : +5.07%           
                     
DJIA Leaders:                       
14 closing higher  and  16 closing Lower               
TRV : +1.60% ;  IBM : +1.20% ;  UNH : +0.94%           
                     
SP500 Leaders:                       
308 closing higher  and  188 closing Lower               
VIAC : N/A ;  DISCK : N/A ;  XLNX : N/A           
                     
NASDAQ 100                     
                     
Nasdaq Above 30MA    =   64                  
JD, PDD, KDP, CRWD, MNST, LCID, BIDU, GOOG, MRNA, GOOGL, CEG, SGEN, MAR, ZM, ASML, NTES, MRVL, CDNS, DLTR, ORLY, MTCH, MU, FISV, WBA, DOCU, FAST, BKNG, LRCX, TMUS, PCAR, NVDA, SNPS, CTAS, PYPL, ODFL, PANW, HON, FTNT, ADSK, AEP, PAYX, AMAT, VRSN, ADI, KLAC, INTU, ADBE, SBUX, ATVI, SIRI, XEL, CPRT, EXC, EA, ADP, VRTX, QCOM, AMD, NFLX, AMGN, CHTR, NXPI, MCHP, CMCSA
                     
Stocks to watch on    Tuesday                  
                     
 Nasdaq100  xsing above30   = 7                 
  KDP, CRWD, GOOG, MRNA, MU, WBA, PANW                
                     
 Nasdaq100  xsing below30  = 6                 
  AMZN, MSFT, DDOG, GILD, TXN, AZN                 
                     
                     
MACD Crossover:                     
Up   1                  
SGEN                     
                     
Down   6                  
AMZN, EXC, CMCSA, BIIB, TXN, AZN