SPY Market Forecast crossed below the 80 level - Bearish. Range day for the indices. Crude Oil moving higher with Energy Sector (XLE) leading.

 Futures to Watch - Daily Setups                    
/ES[M22]   $4,154.50 ( 11.75 / +0.28% ) ; Setup:   BF             
/GC[M22]   $1,767.90 ( 6.4 / +0.36% ) ; Setup:   CHANNEL            
/NQ[M22]   $12,968.25 ( 38.5 / +0.30% ) ; Setup:   CHANNEL            
/CL[K22]   $95.61 ( 0.72 / +0.76% ) ; Setup:   HBO             
                      
                      
                      
SPY Market Forecast   77.17 Bearish pointing down in the middle 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 +0.76% ; QQQ +0.29% ; SPY +0.32% ; DIA +0.23%          
Down:                         
                      
  TLT -0.73% at 111.22                 
  VIX -5.35% at 22.82                 
                      
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                      
  11 sectors closed higher led by  XLE +1.23%  and  XLB +0.22%    Lower =  0         
  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 Strengthened  as  Advancers led  2040   to   1191 and  Nasdaq   Strengthened  as  Advancers led 2787   to   1605      
                      
                      
NDX Leaders:                        
66 closing higher  and  36 closing Lower                
PANW : -0.83% ;  PDD : +5.35% ;  CRWD : +1.17%            
                      
DJIA Leaders:                        
18 closing higher  and  12 closing Lower                
CVX : +0.74% ;  CAT : -1.55% ;  DOW : -2.48%            
                      
SP500 Leaders:                        
358 closing higher  and  144 closing Lower                
HAL : +1.41% ;  OXY : +1.52% ;  SLB : +1.40%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   53                   
ILMN, PDD, INTU, BIDU, ROST, DXCM, ABNB, NFLX, DDOG, SPLK, AZN, WDAY, VRTX, SBUX, MDLZ, MELI, CRWD, TMUS, PCAR, EXC, MAR, CEG, LULU, PYPL, PEP, KHC, FAST, ADSK, KDP, CTAS, TSLA, COST, ZS, AAPL, FISV, TEAM, ADP, AMZN, HON, VRSK, XEL, PAYX, CSX, AEP, SNPS, BKNG, GILD, CDNS, MSFT, VRSN, CSCO, PANW, ORLY
                      
Stocks to watch on    Thursday                   
                      
 Nasdaq100  xsing above30   = 7                  
  ILMN, PDD, BIDU, DXCM, DDOG, VRTX, EXC                 
                      
 Nasdaq100  xsing below30  = 3                  
  AVGO, ODFL, MCHP                   
                      
                      
MACD Crossover:                      
Up   1                   
BIDU                      
                      
Down   1                   
CSCO