The analysis focuses on the stock market and identifies a hesitation in momentum. The S&P 500 index momentum is slowing, similar to a hesitation seen in 2023. A weekly chart of the S&P 500 with momentum indicators is discussed, also a daily chart as of June 20th, stating it was down 13 points, and for the week down 9 points. The analysts reviewed charts from 2000-2002 and 2007-2010 to suggest the types of looks to avoid. The analyst is concerned about the 8 to 50 week moving averages turning bearish, which would start with the 8-week moving average dropping to the bottom. The report discussed the tech sector with respect to a 200-day moving average, then transitions to a discussion about relative weights of FTEC to SPYG as well as IYW to VOO. Lastly, the report discusses an AI relative to SPY. Target prices are set, and support levels are identified for each asset.