Second day pullback Bull Flag in SPY. Only Consumer Discretionary closed to the upside, with TSLA leading the move. Breath weakened. SPY MFC Intermediate line pointing down in the upper reversal zone (defensive)

 SPY Market Forecast   91.86 Defensive pointing down in the upper zone                 
   0.72   PCALL - 10 day SMA (0.75 - 1.00)               
                      
SPY INTERMEDIATE TERM:  Uptrend- Price above 30 &10 Wk SMA                 
  6-months UP                   
  10-days UP                   
  3-days SIDEWAYS                   
                      
Indices                      
UP:                         
Down:     QQQ -0.28% ; IWM -0.45% ; SPY -0.52% ; DIA -0.71%          
                      
  TLT +0.69% at 103.31                 
  VIX -2.11% at 13.89                 
                      
                      
Sectors                      
  1 sectors closed higher led by  XLY +0.75%  and  XLV -0.13%    Lower =  10         
  8           sectors closing above 30d. SMA  and 3   closing below.   
                      
XLY leaders     :    TSLA, WYNN, PHM, ETSY                
XLV leaders     :    ABMD, PKI, UNH                 
XLC leaders     :    DISH, META, NFLX, MTCH                
                      
Uptrend  XLY, XLC, XLK                   
Sideways  XLV, XLI, XLF, XLP, XLRE, XLU, XLB, XLE                  
Downtrend                      
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led              953    to               2,018  and  Nasdaq   Weakened   as  Decliners led            1,653    to            2,795       
                      
                      
NDX Leaders:                        
22 closing higher  and  79 closing Lower                
TSLA : +5.34% ;  PYPL : +3.70% ;  NVDA : +2.61%            
                      
DJIA Leaders:                        
5 closing higher  and  25 closing Lower                
CRM : +2.46% ;  UNH : +2.38% ;  MRK : +0.83%            
                      
SP500 Leaders:                        
96 closing higher  and  403 closing Lower                
GNRC : +7.91% ;  TSLA : +5.34% ;  PYPL : +3.70%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   80                   
RIVN, TSLA, PYPL, NVDA, CSGP, META, DDOG, ZM, VRSK, NFLX, WDAY, CPRT, ALGN, GEHC, FAST, LRCX, SGEN, AMZN, LULU, AAPL, INTU, AVGO, KLAC, ATVI, DXCM, IDXX, GOOG, ADI, ASML, REGN, AMAT, GOOGL, ISRG, AMGN, ADP, MRVL, EBAY, ROST, CTSH, ADSK, KDP, COST, WBA, CSX, ANSS, AMD, CEG, GFS, CSCO, PCAR, TEAM, MU, EXC, PAYX, NXPI, MSFT, HON, MCHP, SNPS, TXN, CMCSA, CDNS, CTAS, ODFL, VRTX, FTNT, AZN, ABNB, EA, ADBE, CRWD
                      
Stocks to watch on    Wednesday                   
                      
 Nasdaq100  xsing above30   = 0                  
                      
                      
 Nasdaq100  xsing below30  = 7                  
  BKNG, MAR, GILD, ILMN, CHTR, MRNA, WBD                 
                      
                      
MACD Crossover:                      
Up   1                   
VRSK                      
                      
Down   7                   
AVGO, EBAY, COST, CDNS, BKR, WBD, ENPH