SPY Market Forecast in the lower zone and pointing down - Bearish. All Indices closed lower. Real Estate (XLE) and Utilities (XLU) closed positive.

 Futures to Watch - Daily Setups                    
/ES[M22]   $3,908.25 ( -2.25 / -0.06% ) ; Setup:   BEAR             
/GC[M22]   $1,712.90 ( 0 / 0.00% ) ; Setup:   BEAR             
/NQ[M22]   $12,020.25 ( 1.25 / +0.01% ) ; Setup:   BEAR             
/CL[K22]   $86.96 ( 0.08 / +0.09% ) ; Setup:   BEAR             
                      
                      
                      
SPY Market Forecast   13.31 Bearish pointing down in the lower zone                 
   0.93   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Downtrend- Price below 30 &10 Wk SMA                 
  6-months DOWN                   
  10-days DOWN                   
  3-days DOWN                   
                      
Indices                      
UP:                         
Down:     SPY -0.38% ; DIA -0.50% ; QQQ -0.72% ; IWM -0.99%          
                      
  TLT -2.48% at 107.49                 
  VIX +5.65% at 26.91                 
                      
SPY   : Downtrend   below 30ds SMA - below 10ds SMA             
QQQ   : Downtrend   below 30ds SMA - below 10ds SMA             
DIA   : Downtrend   below 30ds SMA - below 10ds SMA             
IWM   : Downtrend   below 30ds SMA - below 10ds SMA             
                      
                      
Sectors                      
  4 sectors closed higher led by  XLRE +1.04%  and  XLU +0.25%    Lower =  7         
  1            closing above 30d. SMA  and 10   closing below.   
                      
XLRE leaders     :    FRT, AVB, MAA, PSA                
XLU leaders     :    NEE, SRE, AEP, CMS                
XLI leaders     :    ROL, UAL, CTAS, CARR                
                      
Uptrend  XLU, XLE                   
Sideways  XLI, XLY, XLF, XLB, XLP                   
Downtrend  XLRE, XLV, XLK, XLC                   
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led  1030   to   2196 and  Nasdaq   Weakened   as  Decliners led 1469   to   2955      
                      
                      
NDX Leaders:                        
29 closing higher  and  73 closing Lower                
LULU : +4.34% ;  FISV : +2.68% ;  ILMN : +2.52%            
                      
DJIA Leaders:                        
8 closing higher  and  22 closing Lower                
V : +0.44% ;  BA : +0.38% ;  JNJ : +0.27%            
                      
SP500 Leaders:                        
188 closing higher  and  314 closing Lower                
ROL : +6.05% ;  ENPH : +4.93% ;  SEDG : +4.22%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   7                   
LULU, CEG, AEP, GILD, ROST, PANW, PDD                   
                      
Stocks to watch on    Wednesday                   
                      
 Nasdaq100  xsing above30   = 1                  
  AEP                    
                      
 Nasdaq100  xsing below30  = 2                  
  JD, BIDU                   
                      
                      
MACD Crossover:                      
Up   0                   
                      
                      
Down   1                   
BIDU