The U.S. market remains in a Confirmed Uptrend. The S&P 500 declined 0.3%, while the Nasdaq closed 0.6% lower for the week. Indices closed right around their 10-DMA (6,635/22,478) after holding another test of support near the 21-DMA (6,575/22,159) The distribution day count is at two and four, respectively.
