Third day bull flag in SPY. Market Forecast Intermediate Line is still moving down. All indices down, led by QQQ. Technology closing below the 10ds SMA.

 SPY Market Forecast   87.14 Defensive pointing down in the upper zone                 
   0.73   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 DOWN                   
                      
Indices                      
UP:                         
Down:     IWM -0.23% ; DIA -0.30% ; SPY -0.51% ; QQQ -1.36%          
                      
  TLT +0.24% at 103.56                 
  VIX -4.90% at 13.2                 
                      
                      
Sectors                      
  6 sectors closed higher led by  XLU +0.80%  and  XLE +0.79%    Lower =  5         
  9           sectors closing above 30d. SMA  and 2   closing below.   
                      
XLU leaders     :    PCG, SO, ATO, EIX                 
XLE leaders     :    BKR, APA, COP, TRGP                 
XLI leaders     :    FBHS, TDG, PWR, CSGP                
                      
Uptrend  XLC, XLY, XLK                   
Sideways  XLU, XLE, XLI, XLP, XLB, XLV, XLF, XLRE                  
Downtrend                      
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led           1,506    to               1,414  and  Nasdaq   Weakened   as  Advancers led            1,861    to            2,570       
                      
                      
NDX Leaders:                        
25 closing higher  and  76 closing Lower                
DLTR : +4.56% ;  ORLY : +2.23% ;  ODFL : +1.88%            
                      
DJIA Leaders:                        
12 closing higher  and  18 closing Lower                
UNH : +1.57% ;  PG : +0.86% ;  MRK : +0.84%            
                      
SP500 Leaders:                        
251 closing higher  and  247 closing Lower                
DLTR : +4.56% ;  CTVA : +3.59% ;  FMC : +3.40%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   71                   
CSGP, BKR, ORLY, ODFL, FAST, CPRT, MAR, PCAR, GEHC, ABNB, IDXX, HON, CSX, SBUX, VRSK, PAYX, CTAS, EXC, BKNG, VRTX, ADP, COST, ROST, CMCSA, SGEN, ALGN, REGN, AAPL, AMGN, AMZN, FTNT, META, INTU, PYPL, NXPI, PANW, ATVI, LULU, ISRG, MSFT, AMAT, ADI, CSCO, LRCX, JD, CEG, DXCM, MCHP, ADBE, KLAC, PDD, NVDA, WDAY, ASML, ANSS, ADSK, CDNS, SNPS, CTSH, AVGO, NFLX, SIRI, WBA, ZS, MRVL, QCOM, GFS, TEAM, TSLA, INTC, RIVN
                      
Stocks to watch on    Thursday                   
                      
 Nasdaq100  xsing above30   = 4                  
  ORLY, MAR, SBUX, BKNG                   
                      
 Nasdaq100  xsing below30  = 13                  
  KDP, AZN, EA, MU, EBAY, GOOGL, GOOG, TXN, ENPH, DDOG, ZM, CRWD, AMD              
                      
                      
MACD Crossover:                      
Up   1                   
GEHC                      
                      
Down   18                   
CTAS, AAPL, ILMN, MSFT, EA, KHC, JD, PDD, ANSS, ADSK, TXN, NFLX, SIRI, MRNA, QCOM, GFS, LCID, ZM