First day of bull flag for SPY. Market Forecast Intermediate line is short term defensive. Breath weakened. TSLA down 9.7% after yesterday's afternoon earnings. QQQ down 2.31%

 SPY Market Forecast   94.32 Defensive pointing down in the upper zone                 
   0.66   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:     DIA +0.50% ;                  
Down:        SPY -0.66% ; IWM -0.87% ; QQQ -2.31%          
                      
  TLT -1.21% at 101.7                 
  VIX +1.67% at 13.99                 
                      
                      
Sectors                      
  7 sectors closed higher led by  XLU +1.83%  and  XLV +1.66%    Lower =  4         
  11           sectors closing above 30d. SMA  and 0   closing below.   
                      
XLU leaders     :    NEE, ED, PNW, ETR                 
XLV leaders     :    ABMD, PKI, JNJ                 
XLE leaders     :    EQT, VLO, HES, COP                 
                      
Uptrend  XLF, XLI, XLB, XLRE, XLC, XLK, XLY                  
Sideways  XLU, XLV, XLE, XLP                   
Downtrend                      
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led           1,226    to               1,692  and  Nasdaq   Weakened   as  Decliners led            1,539    to            2,870       
                      
                      
NDX Leaders:                        
31 closing higher  and  70 closing Lower                
FISV : N/A ;  SIRI : +42.26% ;  CEG : +2.28%            
                      
DJIA Leaders:                        
18 closing higher  and  12 closing Lower                
JNJ : +6.07% ;  GS : +3.03% ;  BA : +2.40%            
                      
SP500 Leaders:                        
285 closing higher  and  214 closing Lower                
FISV : N/A ;  ZION : +9.98% ;  JNJ : +6.07%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   80                   
SIRI, RIVN, CEG, XEL, TMUS, CHTR, AEP, KDP, PEP, HON, GILD, EXC, CMCSA, VRSK, FAST, MDLZ, VRTX, FANG, ODFL, KHC, JD, DLTR, MAR, CTAS, MNST, COST, AMGN, PAYX, EA, GEHC, ATVI, ADP, CSCO, ABNB, PCAR, CSX, MRNA, BKNG, ROST, EBAY, PDD, ISRG, IDXX, SBUX, AAPL, CPRT, ORLY, SNPS, FTNT, WBD, AVGO, CSGP, CDNS, BKR, PYPL, INTU, ADBE, TXN, LULU, DXCM, MELI, MSFT, ANSS, QCOM, NVDA, CTSH, GFS, MRVL, ADSK, NXPI, MCHP
                      
Stocks to watch on    Friday                   
                      
 Nasdaq100  xsing above30   = 2                  
  JD, MNST                   
                      
 Nasdaq100  xsing below30  = 12                  
  PANW, GOOGL, GOOG, ADI, INTC, ALGN, LRCX, KLAC, AMAT, CRWD, ZS, TSLA              
                      
                      
MACD Crossover:                      
Up   1                   
AEP                      
                      
Down   22                   
MAR, ISRG, AAPL, CPRT, FTNT, AVGO, CSGP, DXCM, ADI, CTSH, GFS, NXPI, MCHP, LRCX, AMZN, WDAY, META, KLAC, AMD, ASML, NFLX, TSLA