Bull Flag Setup in SPY. Energy (XLE) and Utilities (XLU) led the upside move today. Breath Strengthened.

Negative reaction in INTC, TMUS, V and WDC in Earning Release after the market closed. 

Friday 8:30am EST  - Core PCE Price Index m/m

 SPY Market Forecast   95.75 Bullish pointing up in the upper zone                 
   0.75   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 UP                   
                      
Indices                      
UP:     IWM +0.83% ; DIA +0.63% ; SPY +0.54% ; QQQ +0.12%          
Down:                         
                      
  TLT +0.65% at 93.96                 
  VIX +2.36% at 13.45                 
                      
                      
Sectors                      
  9 sectors closed higher led by  XLE +2.25%  and  XLU +1.80%    Lower =  2         
  7           sectors closing above 30d. SMA  and 4   closing below.   
                      
XLE leaders     :    PBR, PBR/A, VLO, PSX                 
XLU leaders     :    CEG, AES, ES, NRG                 
XLC leaders     :    CMCSA, NTES, NFLX, T                
                      
Uptrend  XLC, XLRE, XLB, XLI, XLP, XLF, XLK, XLV, XLY                 
Sideways  XLE, XLU                   
Downtrend                      
                      
                      
Breath:                      
NYSE Strengthened  as  Advancers led           2,190    to                   630  and  Nasdaq   Strengthened  as  Advancers led            2,607    to            1,593       
                      
FANGT Stocks                      
UP:     NFLX ; GOOGL ; META ; MSFT ; AMZN ; NVDA ;         
Down:                 AAPL ; TSLA      
                      
                      
NDX Leaders:                        
66 closing higher  and  35 closing Lower                
CEG : +4.22% ;  CMCSA : +3.36% ;  WBA : +3.31%            
                      
DJIA Leaders:                        
26 closing higher  and  4 closing Lower                
IBM : +9.49% ;  DOW : +3.48% ;  CAT : +3.47%            
                      
SP500 Leaders:                        
403 closing higher  and  100 closing Lower                
URI : +12.96% ;  AAL : +10.27% ;  IBM : +9.49%            
                      
NASDAQ 100                      
                      
Nasdaq Above 30MA    =   72                   
CEG, CMCSA, NFLX, ADBE, ASML, GOOG, GOOGL, LRCX, FANG, CSCO, MAR, CSX, CTSH, MRNA, TTWO, AMGN, ROST, ISRG, MU, ILMN, KHC, CDW, PCAR, AMD, CCEP, ODFL, INTC, INTU, EA, MDLZ, ROP, CPRT, ABNB, META, MSFT, VRTX, AMZN, ORLY, FAST, TEAM, KLAC, NVDA, DASH, TMUS, BKNG, CTAS, REGN, QCOM, SPLK, PANW, ANSS, AAPL, DDOG, ADSK, VRSK, ADI, SNPS, DXCM, ADP, FTNT, AMAT, COST, MCHP, WDAY, CDNS, ZS, MELI, GFS, AVGO, CRWD, MDB
                      
Stocks to watch on    Friday                   
                      
 Nasdaq100  xsing above30   = 5                  
  CEG, FANG, CSX, KHC, ODFL                   
                      
 Nasdaq100  xsing below30  = 5                  
  PAYX, SIRI, NXPI, TXN, PYPL                   
                      
                      
MACD Crossover:                      
Up   3                   
WBD, HON, ILMN                      
                      
Down   4                   
CTAS, REGN, DDOG, SIRI