Liquidation at the end of the day. Weakness into the weekend

                   

SPY Market Forecast 74.23 Short-term Bullish Pointing up           

   0.68 PCALL - 10 day SMA (0.75 - 1.00)            

   134.9   SKEW (120 - 135)              

                   

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

  6-months Sideways                

  10-days Sideways                

  3-days Down                

                   

Indices                   

  QQQ -0.02% ; IWM -0.52% ;  SPY -0.57% ; DIA -0.73%       

  TLT +0.08% at 162.39              

  VIX +6.62% at 35.12              

                   

Sectors                   

  1 sectors closed higher led by  XLV +0.96%  and  XLC -0.27%    Lower =  10      

  9            closing above 30d. SMA  and 2   closing below.

                   

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

Sideways XLV, XLP, XLF, XLRE, XLU                

Downtrend                  

                   

                   

Breath:                   

 Weakened  as  Decliners led  1026   to   1931 and  Nasdaq   Weakened  as  Decliners led 1543   to   1792   

                   

                   

NDX Leaders:                    

41 closing higher  and  62 closing Lower             

BMRN : +9.04% ;  INCY : +8.26% ;  REGN : +7.80%         

                   

DJIA Leaders:                    

8 closing higher  and  22 closing Lower             

WBA : +5.12% ;  MRK : +2.20% ;  WMT : +1.58%         

                   

SP500 Leaders:                    

145 closing higher  and  354 closing Lower             

INCY : +8.26% ;  REGN : +7.80% ;  WBA : +5.12%         

                   

NASDAQ 100                  

                   

Nasdaq Above 30MA    =  81                

BMRN, INCY, REGN, WBA, VRTX, CERN, GILD, NLOK, WDC, AMGN, MELI, ALXN, XLNX, ADBE, HSIC, ILMN, FB, TTWO, NTES, AMAT, KHC, NFLX, AMZN, ATVI, MU, PCAR, EA, MNST, IDXX, ASML, TMUS, NVDA, AMD, ISRG, CHTR, LRCX, NXPI, BKNG, ADSK, MXIM, GOOG, TSLA, BIDU, EBAY, INTU, KLAC, AAPL, MSFT, GOOGL, CHKP, XEL, MCHP, TXN, ORLY, FAST, MDLZ, QCOM, CTSH, SWKS, ALGN, JBHT, CTXS, VRSK, SIRI, LBTYK, ADP, LULU, CDNS, CTAS, PAYX, DLTR, ADI, PYPL, WDAY, LBTYA, EXPE, SNPS, AAL, JD, AVGO, UAL

                   

Stocks to watch on  Monday                

Nasdaq100  xsing above30   = 3                

GILD, NLOK, WDC                 

                   

Nasdaq100  xsing below30  = 11                

TCOM, CMCSA, CSCO, PEP, EXC, WYNN, CSX, FOXA, FOX, MAR, HAS             

                   

                   

MACD Crossover:                 

Up   9                

REGN, CERN, GILD, ALXN, ILMN, KHC, TMUS, LBTYK, LBTYA              

                   

Down   1                

QCOM