SPY Market Forecast moving down and it is defensive. Energy (XLE) and Financials (XLF) sectors closed higher in a sideways price action for the SPY

                       
Futures to Watch - Daily Setups                    
/ES[M22]   $4,141.75 ( -10.5 / -0.25% ) ; Setup:   BF             
/GC[M22]   $1,792.40 ( -14.5 / -0.80% ) ; Setup:   BF             
/NQ[M22]   $13,216.50 ( -110.5 / -0.83% ) ; Setup:   BF             
/CL[K22]   $88.53 ( -0.01 / -0.01% ) ; Setup:   BEAR             
                      
                      
                      
SPY Market Forecast   94.68 Defensive pointing down in the upper zone               
   0.84   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Sideways- Price in between 30 &10 Wk SMA                
  6-months DOWN                   
  10-days UP                   
  3-days SIDEWAYS                   
                      
Indices                      
UP:     IWM +0.77% ; DIA +0.19% ;               
Down:           SPY -0.17% ; QQQ -0.82%          
                      
  TLT -2.38% at 116.47                 
  VIX -1.35% at 21.15                 
                      
SPY   : Sideways   above 30ds SMA               
QQQ   : Sideways   above 30ds SMA               
DIA   : Sideways   above 30ds SMA               
IWM   : Sideways   above 30ds SMA               
                      
                      
Sectors                      
  5 sectors closed higher led by  XLE +1.98%  and  XLF +0.72%    Lower =  6         
  11            closing above 30d. SMA  and 0   closing below.   
                      
XLE leaders     :    EOG, FANG, DVN, APA                
XLF leaders     :    PBCT, JPM, ALL, FITB                
XLB leaders     :    FCX, CTVA, APD, NUE                
                      
Uptrend                      
Sideways  XLE, XLRE, XLI, XLK, XLU, XLC, XLY                  
Downtrend  XLF, XLB, XLV, XLP                   
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led  1526   to   1680 and  Nasdaq   Strengthened  as  Decliners led 2497   to   2030      
                      
                      
NDX Leaders:                        
36 closing higher  and  66 closing Lower                
TEAM : +16.57% ;  CEG : +10.14% ;  VRTX : +4.80%            
                      
DJIA Leaders:                        
16 closing higher  and  14 closing Lower                
JPM : +3.03% ;  CVX : +1.65% ;  VZ : +1.17%            
                      
SP500 Leaders:                        
284 closing higher  and  218 closing Lower                
CEG : +10.14% ;  EOG : +7.20% ;  IRM : +6.87%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   85                   
TEAM, CEG, VRTX, DDOG, DLTR, DOCU, ODFL, ADP, FAST, CRWD, ZS, ZM, CSX, PAYX, VRSN, IDXX, ADBE, INTU, ROST, SNPS, TMUS, CDNS, LULU, BIIB, OKTA, SPLK, ORLY, PCAR, ADI, KDP, ALGN, WBA, CTSH, HON, ADSK, ATVI, REGN, AVGO, MSFT, AAPL, TXN, KLAC, VRSK, COST, AEP, DXCM, EA, WDAY, QCOM, FISV, GOOG, GOOGL, EXC, ILMN, MRVL, MDLZ, PEP, SWKS, CSCO, CTAS, CPRT, ISRG, MELI, XEL, BKNG, NVDA, EBAY, AMZN, MAR, AMAT, SBUX, NFLX, NXPI, AMD, PYPL, ABNB, MCHP, ASML, SIRI, META, LRCX, ANSS, MU, MRNA, TSLA
                      
Stocks to watch on    Monday                   
                      
 Nasdaq100  xsing above30   = 0                  
                      
                      
 Nasdaq100  xsing below30  = 5                  
  AMGN, AZN, GILD, JD, MNST                  
                      
                      
MACD Crossover:                      
Up   0                   
                      
                      
Down   6                   
COST, EXC, EBAY, NFLX, NXPI, SIRI