Bloody day. All sectors down. Just when all new investors were trying to "take advantage of opportunities".

                    

                    

SPY Market Forecast 87.28 Short-term Defensive Pointing down            

   0.64 PCALL - 10 day SMA (0.75 - 1.00)             

   127.74   SKEW (120 - 135)               

                    

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

  6-months Sideways                 

  10-days Sideways                 

  3-days Down                 

                    

Indices                    

  QQQ -4.95% ; SPY -5.76% ;  DIA -6.81% ; IWM -7.63%        

  TLT +1.89% at 163.88               

  VIX +47.95% at 40.79               

                    

Sectors                    

  0 sectors closed higher led by  XLP -3.79%  and  XLU -3.90%    Lower =  11       

  8            closing above 30d. SMA  and 3   closing below.

                    

Uptrend XLC, XLY, XLK, XLI, XLB, XLE                 

Sideways XLP, XLU, XLV, XLRE, XLF                 

Downtrend                   

                    

                    

Breath:                    

 Weakened  as  Decliners led  94   to   2932 and  Nasdaq   Weakened  as  Decliners led 245   to   3150    

                    

                    

NDX Leaders:                     

0 closing higher  and  103 closing Lower              

REGN : -1.72% ;  TTWO : -1.74% ;  ORLY : -1.82%          

                    

DJIA Leaders:                     

0 closing higher  and  30 closing Lower              

WMT : -0.88% ;  PG : -2.49% ;  VZ : -2.76%          

                    

SP500 Leaders:                     

1 closing higher  and  504 closing Lower              

KR : +0.40% ;  COG : -0.49% ;  WMT : -0.88%          

                    

NASDAQ 100                   

                    

Nasdaq Above 30MA    =  67                 

REGN, TTWO, ORLY, EA, DLTR, EBAY, XEL, NTES, AMZN, BMRN, MELI, MNST, KHC, GOOG, BIDU, GOOGL, PYPL, ASML, FAST, TMUS, LULU, ADBE, AAPL, MXIM, EXC, VRSK, TSLA, CTAS, CMCSA, CDNS, TXN, FB, WDAY, SNPS, JBHT, TCOM, MSFT, PCAR, ALXN, ROST, JD, XLNX, ADI, SIRI, NVDA, PAYX, LRCX, KLAC, ISRG, SWKS, MCHP, AVGO, FOXA, NXPI, FOX, IDXX, ADSK, AMAT, MU, QCOM, BKNG, WYNN, MAR, ALGN, EXPE, AAL, UAL

                    

Stocks to watch on  Friday                 

Nasdaq100  xsing above30   = 31                 

NFLX, COST, CHTR, ATVI, VRSN, CHKP, PEP, MDLZ, HSIC, ULTA, GILD, MYL, LBTYK, INTU, ILMN, LBTYA, CERN, FISV, INTC, HAS, NLOK, WLTW, CTSH, CSX, CSCO, WBA, AMD, SBUX, ADP, WDC, NTAP

                    

Nasdaq100  xsing below30  = 0                 

                    

                    

                    

MACD Crossover:                  

Up   0                 

                    

                    

Down   48                 

REGN, CTXS, ATVI, AMGN, KHC, ASML, CHKP, FAST, TMUS, PEP, ADBE, MXIM, MDLZ, EXC, CTAS, CMCSA, SNPS, TCOM, PCAR, ALXN, ROST, JD, XLNX, MYL, ADI, LBTYK, SIRI, INTU, PAYX, LBTYA, CERN, KLAC, SWKS, INTC, MCHP, HAS, NLOK, AVGO, NXPI, ADSK, AMAT, WBA, SBUX, ADP, WDC, MAR, ALGN, NTAP