NDX, SPX Bounce Pause on Thursday...

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After a bull flag bounce on Wednesday, price action pulled back on Thursday but stayed above the low day on Tuesday and there is a bull flag setup on SPY and many other charts.
 
NDX -65.79, -0.55%, opened and closed lower staying above the high of the low day on Tuesday’s.  NDX is a channel bounce continuation setup.  The NDX pause was led by modest pullback in AAPL, AMZN, MSFT, FB and GOOGL.
 
SPX -35.65, -1.00%, closes at 3,537, pulled back from its bull flag bounce on Wednesday closing below Tuesday’s high and is a bull flag setup.
 
All eleven sectors were lower on Thursday, led by XLP, XLV and XLC. 
 
Consumer Staples leaders: CLX, GIS, COST, EL
Healthcare leaders: BIO, MTD, ANTM, CTLT
Communication Services leaders: TMUS, CMCSA, ATVI, CHTR
 
SPY down 3.46 at 353.21 on 68.1 million shares, below average volume, down on higher volume.
VIX up 1.90 at 25.35
 
UNH, JNJ, WMT, PG led the DJIA, 4 advancers, -7
BIO, CLX, PGR, EFX led the SPX, 61 advancers
PDD, MRNA, JD, ZM led the NDX, 21 advancers
 
The two-year trend term is up.  The one-year trend is up.
 
Up:
Down: QQQ, SPY, DIA, IWM,
 
Advancers weakened on Thursday as decliners led 2,336 to 737 on the NYSE and led 2,421 to 1,116 on the NASDAQ
 
The SPY MFC green line turned down at 78.9 and is defensive.  Price action is a bull flag bounce pullback.
 
Uptrend sectors:  XLU, XLB, XLI, XLY, XLC, XLP, XLV, XLK,
Neutral sectors:  XLF, XLRE,
Down trend sectors: XLE,
 
The 6-month intermediate trend is up.  The ten-day trend is up.
 
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Sideways
 
21 of 100 NDX stocks closed higher on Thursday.
 
64 NDX stocks are above their 30 DMA:   IDXX, QCOM, ADP, XLNX, BIDU, SIRI, EXC, ALGN, GOOGL, PDD, EXPE, NXPI, PAYX, CSX, CDW, CERN, CPRT, KLAC, LRCX, TXN, XEL, ADI, AMAT, CTSH, FAST, MAR, MCHP, MU, MXIM, SBUX, VRSK, WBA, ALXN, ASML, BKNG, CTAS, FB, FISV, INCY, INTU, MNST, TCOM, TMUS, AAPL, ISRG, MRNA, WDC, AMGN, CMCSA, ROST, ULTA, CHTR, CSCO, MDLZ, ORLY, PEP, AVGO, CDNS, COST, JD, MELI, MSFT, AMD, BMRN, LBTYA,

 
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 3
AMD, BMRN, LBTYA,
 
Moving Below 30 DMA = 9
ADSK, ANSS, DLTR, FOXA, KHC, LULU, NTES, PCAR, SNPS,
 
 
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