Second day of Bull flag - SPY down 2.65% to 282.79, closing below 10dma. All sectors closing lower with XLU crossing below 30dma.

Weekly charts

Daily charts

                   

                   

SPY Market Forecast 93.36 Short-term Neutral Pointing down           

                   

INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA             

  6-months Down                

  10-days Up                

  3-days Up                

                   

Indices                   

  DIA -2.44% ; SPY -2.65% ;  QQQ -2.82% ; IWM -3.97%       

  TLT +0.73% at 167.95              

  VIX +8.90% at 37.19              

                   

Sectors                   

  0 sectors closed higher led by  XLP -1.10%  and  XLC -1.39%    Lower =  11      

  10            closing above 30d. SMA  and 1   closing below.

                   

Uptrend XLP, XLC, XLV, XLK, XLY                

Sideways XLB, XLU, XLI, XLRE, XLE                

Downtrend XLF                 

                   

                   

Breath:                   

 Weakened  as  Decliners led  438   to   2535 and  Nasdaq   Weakened  as  Decliners led 556   to   2658   

                   

                   

NDX Leaders:                    

9 closing higher  and  94 closing Lower             

LBTYK : +17.37% ;  LBTYA : +14.73% ;  MELI : +3.77%         

                   

DJIA Leaders:                    

1 closing higher  and  29 closing Lower             

WMT : +1.13% ;  HD : -0.57% ;  KO : -0.63%         

                   

SP500 Leaders:                    

28 closing higher  and  475 closing Lower             

FBHS : +6.85% ;  CLX : +3.36% ;  AON : +3.21%         

                   

NASDAQ 100                  

                   

Nasdaq Above 30MA    =  89                

LBTYK, LBTYA, MELI, CHTR, WLTW, ATVI, VRTX, TTWO, VRSK, REGN, JBHT, COST, INCY, EA, NFLX, FB, PCAR, FAST, MDLZ, EBAY, AAPL, PEP, ULTA, CTXS, FOXA, CMCSA, TMUS, CSX, SIRI, NLOK, PYPL, GOOG, FOX, VRSN, LULU, BKNG, XEL, GOOGL, ISRG, IDXX, ORLY, MSFT, CTSH, ROST, FISV, ADBE, PAYX, DLTR, KHC, INTU, ASML, NVDA, ALXN, AMGN, CSCO, CHKP, MNST, SBUX, MYL, QCOM, CERN, NXPI, ILMN, INTC, BMRN, ADP, AVGO, HSIC, CTAS, WDAY, SNPS, GILD, SWKS, EXPE, NTAP, MXIM, ALGN, ADI, TXN, WYNN, MU, TCOM, CDNS, ADSK, MAR, MCHP, AMZN, KLAC, TSLA

                   

Stocks to watch on  Saturday                

Nasdaq100  xsing above30   = 0                

                   

                   

Nasdaq100  xsing below30  = 12                

EXC, JD, AMD, HAS, BIDU, XLNX, AMAT, NTES, LRCX, UAL, AAL, WDC             

                   

                   

MACD Crossover:                 

Up   0                

                   

                   

Down   19                

FAST, EBAY, LULU, IDXX, ORLY, KHC, INTU, EXC, MNST, WBA, SBUX, BMRN, AVGO, SNPS, MXIM, TXN, ADSK, KLAC, TSLA