Market down sharply led by QQQ and IWM. SPY Market Forecast short term bearish.

SPY Market Forecast 91.52 Short-term bearish pointing down in the upper zone         
   0.56   PCALL - 10 day SMA (0.75 - 1.00)           
   148.11   SKEW (120 - 135)             
                  
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA             
  6-months UP               
  10-days UP               
  3-days DOWN               
                  
Indices                  
UP:                     
Down:     DIA -0.43% ; SPY -1.45% ; IWM -3.04% ; QQQ -3.06%      
                  
  TLT -1.01% at 133.92             
  VIX +12.22% at 21.58             
                  
Sectors                  
  1 sectors closed higher led by  XLF +0.52%  and  XLI -0.09%    Lower =  10     
  9            closing above 30d. SMA  and 2   closing below.
                  
XLF leaders     :    BAC, WFC, JPM, GS             
XLI leaders     :    LMT, UNP, MMM, HON            
XLV leaders     :    UNH, TMO, ABT, BMY            
                  
Uptrend XLF, XLI, XLB, XLC, XLE               
Sideways XLV, XLU, XLP, XLRE, XLY, XLK              
Downtrend                 
                  
                  
Breath:                  
NYSE Weakened  as  Decliners led  702   to   2616 and  Nasdaq   Weakened  as  Decliners led 937   to   3212  
                  
                  
NDX Leaders:                   
3 closing higher  and  100 closing Lower            
CSX : +0.40% ;  ULTA : +0.07% ;  AMGN : +0.06%        
                  
DJIA Leaders:                   
10 closing higher  and  20 closing Lower            
UNH : +2.80% ;  JPM : +1.65% ;  MMM : +1.43%        
                  
SP500 Leaders:                   
188 closing higher  and  317 closing Lower            
HIG : +18.71% ;  PPL : +5.96% ;  VIAC : +4.79%        
                  
NASDAQ 100                 
                  
Nasdaq Above 30MA    =  39               
CSX, AMGN, MDLZ, FOXA, FOX, ORLY, KHC, ROST, XEL, EXC, PAYX, CHKP, FISV, ADP, MAR, NTAP, CSCO, LBTYA, LBTYK, TMUS, FAST, FB, CHTR, CDW, CTSH, EXPE, SBUX, WBA, TXN, CMCSA, WDC, SIRI, INTC, REGN, TCOM, BKNG, NXPI, AMAT, MU
                  
Stocks to watch on  Friday               
                  
 Nasdaq100  xsing above30   = 0              
                  
                  
 Nasdaq100  xsing below30  = 12              
  PCAR, VRTX, CTAS, DLTR, LRCX, GOOG, GOOGL, ADI, AVGO, WDAY, SWKS, MCHP         
                  
                  
MACD Crossover:                
Up   0               
                  
                  
Down   13               
FISV, CTXS, CTAS, CMCSA, ISRG, NFLX, DOCU, INTU, BKNG, AMAT, ALGN, KLAC, ZM