All indices closed down led by QQQ, which crossed below 30ds SMA.

 
SPY Market Forecast 83.01 Short-term bearish pointing down in the upper zone           
   0.48   PCALL - 10 day SMA (0.75 - 1.00)             
   145.21   SKEW (120 - 135)               
                    
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA               
  6-months UP                 
  10-days SIDEWAYS                 
  3-days SIDEWAYS                 
                    
Indices                    
UP:                       
Down:     DIA -0.10% ; SPY -0.37% ; IWM -0.84% ; QQQ -1.04%        
                    
  TLT -0.38% at 138.01               
  VIX +3.20% at 18.04               
                    
SPY   : Channel Bull Flag Setup    above 30ds SMA             
QQQ   : Channel at bear bounce   Below 30ds SMA - Crossing            
DIA   : Channel Bull Flag Setup    above 30ds SMA             
IWM   : Channel Bull Flag Setup    above 30ds SMA             
                    
                    
Sectors                    
  5 sectors closed higher led by  XLP +0.62%  and  XLU +0.60%    Lower =  6       
  7            closing above 30d. SMA  and 4   closing below.
                    
XLP leaders     :    PG, WBA, SJM, KR               
XLU leaders     :    NRG, ES, PNW, EXC              
XLV leaders     :    HSIC, CERN, MRK, ABT              
                    
Uptrend XLP, XLE, XLF, XLB, XLRE, XLI, XLC, XLK                
Sideways XLU, XLV, XLY                 
Downtrend                   
                    
                    
Breath:                    
NYSE Weakened  as  Decliners led  1440   to   1848 and  Nasdaq   Weakened  as  Decliners led 1788   to   2484    
                    
                    
NDX Leaders:                     
34 closing higher  and  69 closing Lower              
CERN : +2.83% ;  DLTR : +2.60% ;  NTAP : +2.10%          
                    
DJIA Leaders:                     
16 closing higher  and  13 closing Lower              
DOW : +2.41% ;  MRK : +2.16% ;  PG : +1.79%          
                    
SP500 Leaders:                     
245 closing higher  and  254 closing Lower              
F : +7.24% ;  GM : +6.39% ;  FTI : +4.25%          
                    
NASDAQ 100                   
                    
Nasdaq Above 30MA    =  50                 
CERN, NTAP, WBA, DXCM, EXC, INTU, NVDA, EBAY, TMUS, COST, PCAR, CSCO, IDXX, TTWO, EA, WDC, MNST, MDLZ, ALXN, REGN, PAYX, KHC, PEP, ATVI, CMCSA, GOOG, ADP, SGEN, FB, GOOGL, SNPS, SIRI, ULTA, ASML, TCOM, JD, MXIM, ADI, NTES, PYPL, AVGO, AMAT, ILMN, LRCX, AMD, MCHP, ZM, TXN, XLNX, NXPI
                    
Stocks to watch on  Friday                 
                    
 Nasdaq100  xsing above30   = 1                
  NTAP                  
                    
 Nasdaq100  xsing below30  = 9                
  CTAS, CPRT, CHTR, QCOM, INTC, KLAC, EXPE, MU, SPLK              
                    
                    
MACD Crossover:                  
Up   4                 
CERN, EXC, VRTX, CDW                  
                    
Down   9                 
CTAS, ATVI, AAPL, TCOM, AMZN, ALGN, NTES, ADSK, WDAY