Range day. SPY Market Forecast pointing down about to cross 80 to the downside. MACD and Stochastics are both bearish.

 Futures to Watch - Daily Setups                    
/ES[M22]   $4,127.25 ( -3.25 / -0.08% ) ; Setup:   CHANNEL            
/GC[M22]   $1,759.30 ( -1.9 / -0.11% ) ; Setup:   BEAR             
/NQ[M22]   $12,888.75 ( -7.75 / -0.06% ) ; Setup:   CHANNEL            
/CL[K22]   $93.64 ( -0.1 / -0.11% ) ; Setup:   HBO             
                      
                      
                      
SPY Market Forecast   81.45 Defensive pointing down in the upper zone               
   0.81   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Sideways- Price in between 30 &10 Wk SMA                
  6-months DOWN                   
  10-days DOWN                   
  3-days DOWN                   
                      
Indices                      
UP:     IWM +0.16% ;                  
Down:        QQQ -0.08% ; SPY -0.24% ; DIA -0.50%          
                      
  TLT -0.55% at 112.04                 
  VIX +1.30% at 24.11                 
                      
SPY   : Sideways   above 30ds SMA - below 10ds SMA             
QQQ   : Sideways   above 30ds SMA - below 10ds SMA             
DIA   : Sideways   above 30ds SMA - below 10ds SMA             
IWM   : Sideways   above 30ds SMA - below 10ds SMA             
                      
                      
Sectors                      
  4 sectors closed higher led by  XLE +3.61%  and  XLB +0.99%    Lower =  7         
  8            closing above 30d. SMA  and 3   closing below.   
                      
XLE leaders     :    HAL, OXY, SLB, APA                
XLB leaders     :    FCX, CE, FMC, MOS                 
XLY leaders     :    RCL, NCLH, TPR, CZR                
                      
Uptrend  XLE, XLY, XLI, XLK, XLP, XLU, XLV                  
Sideways  XLB, XLF, XLC, XLRE                   
Downtrend                      
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led  1523   to   1652 and  Nasdaq   Strengthened  as  Decliners led 2269   to   2109      
                      
                      
NDX Leaders:                        
44 closing higher  and  58 closing Lower                
PANW : +12.10% ;  PDD : +5.38% ;  CRWD : +3.49%            
                      
DJIA Leaders:                        
9 closing higher  and  21 closing Lower                
CVX : +3.24% ;  CAT : +2.84% ;  DOW : +2.22%            
                      
SP500 Leaders:                        
197 closing higher  and  303 closing Lower                
HAL : +6.95% ;  OXY : +6.90% ;  SLB : +6.61%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   49                   
PANW, CRWD, TSLA, SPLK, MCHP, ZS, BKNG, MELI, KHC, INTU, MAR, AMZN, SNPS, LULU, CSX, AVGO, ABNB, PCAR, CEG, KDP, ODFL, PEP, TEAM, HON, ROST, AAPL, ADP, SBUX, PYPL, MSFT, TMUS, CTAS, ORLY, COST, CSCO, AEP, PAYX, FISV, NFLX, CDNS, VRSN, GILD, XEL, AZN, MDLZ, ADSK, FAST, VRSK, WDAY
                      
Stocks to watch on    Wednesday                   
                      
 Nasdaq100  xsing above30   = 1                  
  CRWD                    
                      
 Nasdaq100  xsing below30  = 7                  
  AMD, CPRT, ATVI, EXC, DLTR, REGN, VRTX                 
                      
                      
MACD Crossover:                      
Up   3                   
PANW, JD, MNST                      
                      
Down   2                   
DLTR, GILD