All indices closed higher led by IWM. SPY Market Forecast still in the oversold area. Markets still in a downtrend with the first day of bounce. All 11 sectors still in the downtrend.

 Futures to Watch - Daily Setups                    
/ES[M22]   $3,713.25 ( 23 / +0.62% ) ; Setup:   BEAR             
/GC[M22]   $1,708.30 ( 6.3 / +0.37% ) ; Setup:   BEAR             
/NQ[M22]   $11,390.50 ( 104.75 / +0.93% ) ; Setup:   BEAR             
/CL[K22]   $83.47 ( -0.16 / -0.19% ) ; Setup:   BEAR             
                      
                      
                      
SPY Market Forecast   7.16 Bearish pointing down in the lower zone                 
   1.03   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 SIDEWAYS                   
                      
Indices                      
UP:     IWM +2.65% ; SPY +2.64% ; DIA +2.61% ; QQQ +2.35%          
Down:                         
                      
  TLT +1.35% at 103.83                 
  VIX -4.81% at 30.1                 
                      
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                      
  11 sectors closed higher led by  XLE +5.65%  and  XLB +3.25%    Lower =  0         
  0            closing above 30d. SMA  and 11   closing below.   
                      
XLE leaders     :    MRO, APA, DVN, FANG                
XLB leaders     :    FCX, NUE, EMN, SHW                
XLK leaders     :    XLNX, LRCX, DXC                 
                      
Uptrend                      
Sideways                      
Downtrend  XLE, XLB, XLK, XLI, XLU, XLC, XLF, XLV, XLRE, XLP, XLY                
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led  2761   to   571 and  Nasdaq   Strengthened  as  Advancers led 3480   to   1284      
                      
                      
NDX Leaders:                        
96 closing higher  and  6 closing Lower                
REGN : +6.72% ;  MELI : +6.59% ;  LRCX : +6.47%            
                      
DJIA Leaders:                        
29 closing higher  and  1 closing Lower                
CVX : +5.61% ;  INTC : +4.66% ;  CAT : +4.36%            
                      
SP500 Leaders:                        
486 closing higher  and  15 closing Lower                
MRO : +10.58% ;  APA : +9.10% ;  DVN : +8.65%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   9                   
BIIB, CEG, FTNT, MNST, NFLX, ORLY, REGN, VRTX, ZS                   
                      
Stocks to watch on    Tuesday                   
                      
 Nasdaq100  xsing above30   = 5                  
  CEG, FTNT, MNST, ORLY, ZS                   
                      
 Nasdaq100  xsing below30  = 0                  
                      
                      
                      
MACD Crossover:                      
Up   24                   
ADI, ADP, BIDU, CHTR, CSCO, CTAS, EA, GOOG, GOOGL, HON, IDXX, INTC, ISRG, KLAC, LRCX, MCHP, MELI, META, MRNA, MRVL, MTCH, PAYX, SIRI, TMUS         
                      
Down   1                   
ILMN