Continued moving down in a bearish mood.

                  
SPY Market Forecast 36.11 Short-term bearish  pointing down in the middle  zone        
   0.7   PCALL - 10 day SMA (0.75 - 1.00)           
   129.01   SKEW (120 - 135)             
                  
INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA            
  6-months UP               
  10-days DOWN               
  3-days DOWN               
                  
Indices                  
  DIA -0.57% ; SPY -1.04% ;  IWM -1.32% ; QQQ -2.54%      
  TLT -0.99% at 157.57             
  VIX +1.14% at 38.02             
                  
Sectors                  
  2 sectors closed higher led by  XLE +0.56%  and  XLF +0.29%    Lower =  9     
  1            closing above 30d. SMA  and 10   closing below.
                  
XLE leaders     :    SLB, VLO, MPC, PSX            
XLF leaders     :    WFC, JPM, BAC, C             
XLV leaders     :    ABBV, BMY, PFE, UNH            
                  
Uptrend XLV, XLB, XLI, XLP, XLU, XLC, XLY, XLK              
Sideways XLF, XLRE               
Downtrend XLE                
                  
                  
Breath:                  
NYSE Weakened  as  Decliners led  1186   to   1864 and  Nasdaq   Weakened  as  Decliners led 942   to   2554  
                  
                  
NDX Leaders:                   
22 closing higher  and  81 closing Lower            
CHTR : +4.83% ;  GOOGL : +3.80% ;  FOXA : +3.72%        
                  
DJIA Leaders:                   
13 closing higher  and  17 closing Lower            
IBM : +2.53% ;  WBA : +1.55% ;  CAT : +1.54%        
                  
SP500 Leaders:                   
214 closing higher  and  287 closing Lower            
CTL : N/A ;  NBL : N/A ;  MHK : +10.90%        
                  
NASDAQ 100                 
                  
Nasdaq Above 30MA    =  18               
GOOGL, GOOG, CSX, BIDU, CTSH, ADP, PAYX, EXC, CDNS, NXPI, EXPE, SIRI, JD, ALGN, QCOM, XLNX, IDXX, MELI        
                  
Stocks to watch on  Monday               
Nasdaq100  xsing above30   = 2               
CSX, CTSH                 
                  
Nasdaq100  xsing below30  = 17               
MU, MXIM, CPRT, XEL, TXN, SBUX, DLTR, COST, KLAC, SNPS, ADSK, LRCX, SPLK, AMZN, AAPL, FB, ILMN         
                  
                  
MACD Crossover:                
Up   1               
VRTX                  
                  
Down   3               
XLNX, IDXX, FB                 
                  

QQQ led the bounce followed by IWM. MFC crossed down in a short term bearish sentiment. 2 sectors above 30dsma and 9 moved up in the session.

                   
SPY Market Forecast 47.35 Short-term bearish  pointing down in the middle  zone         
   0.67   PCALL - 10 day SMA (0.75 - 1.00)            
   128.05   SKEW (120 - 135)              
                   
INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA             
  6-months UP                
  10-days DOWN                
  3-days DOWN                
                   
Indices                   
  QQQ +1.75% ; IWM +1.19% ;  SPY +1.02% ; DIA +0.42%       
  TLT -0.97% at 159.14              
  VIX -6.68% at 37.59              
                   
Sectors                   
  9 sectors closed higher led by  XLE +3.07%  and  XLC +2.52%    Lower =  2      
  2            closing above 30d. SMA  and 9   closing below.
                   
XLE leaders     :    MPC, EOG, XOM, PSX             
XLC leaders     :    FB, NFLX, GOOG, GOOGL             
XLB leaders     :    DD, NEM, DOW, PPG             
                   
Uptrend XLB, XLI                
Sideways XLC, XLK, XLRE, XLF, XLY, XLU, XLP, XLV               
Downtrend XLE                 
                   
                   
Breath:                   
NYSE Strengthened  as  Advancers led  2020   to   1032 and  Nasdaq   Strengthened  as  Advancers led 2312   to   1202   
                   
                   
NDX Leaders:                    
76 closing higher  and  27 closing Lower             
KLAC : +5.98% ;  NXPI : +4.93% ;  FB : +4.92%         
                   
DJIA Leaders:                    
18 closing higher  and  12 closing Lower             
AAPL : +3.71% ;  CVX : +2.87% ;  DIS : +2.59%         
                   
SP500 Leaders:                    
355 closing higher  and  146 closing Lower             
CTL : N/A ;  NBL : N/A ;  ADS : +18.92%         
                   
NASDAQ 100                  
                   
Nasdaq Above 30MA    =  33                
KLAC, NXPI, FB, IDXX, LRCX, QCOM, AAPL, JD, EXPE, GOOG, GOOGL, PAYX, XLNX, CPRT, CDNS, SIRI, TXN, ADSK, MELI, MXIM, ADP, ILMN, AMZN, EXC, DLTR, SBUX, BIDU, MU, SNPS, XEL, SPLK, COST, ALGN
                   
Stocks to watch on  Saturday                
Nasdaq100  xsing above30   = 17                
KLAC, NXPI, LRCX, AAPL, EXPE, PAYX, CPRT, CDNS, TXN, ADSK, MXIM, ILMN, AMZN, DLTR, SBUX, MU, XEL          
                   
Nasdaq100  xsing below30  = 4                
SGEN, WDC, ZM, EBAY                 
                   
                   
MACD Crossover:                 
Up   1                
IDXX                   
                   
Down   0