All indices in a channel and closing below the 30ds SMA. Financials(XLF) and Energy (XLE) sectors led the day to the downside.

 SPY Market Forecast 66.81 Bearish pointing down in the middle zone               
   0.67   PCALL - 10 day SMA (0.75 - 1.00)               
   134.94   SKEW (120 - 140)                 
                      
INTERMEDIATE TERM: Sideways- Price in between 30 &10 Wk SMA                
  6-months UP                   
  10-days SIDEWAYS                   
  3-days DOWN                   
                      
Indices                      
UP:     IWM +0.92% ;                  
Down:        QQQ -0.50% ; SPY -1.06% ; DIA -1.43%          
                      
  TLT +1.13% at 150.83                 
  VIX +4.86% at 21.57                 
                      
SPY   : Channel   below 30ds SMA               
QQQ   : Channel   below 30ds SMA               
DIA   : Channel   below 30ds SMA               
IWM   : Channel   below 30ds SMA               
                      
                      
Sectors                      
  0 sectors closed higher led by  XLRE -0.34%  and  XLC -0.40%    Lower =  11         
  4            closing above 30d. SMA  and 7   closing below.   
                      
XLRE leaders     :    HST, SBAC, IRM, FRT                
XLC leaders     :    LYV, DISH, CHTR, LUMN                
XLK leaders     :    PTC, ANET, SWKS                 
                      
Uptrend XLRE, XLY, XLV, XLB, XLP                   
Sideways XLK, XLU, XLI, XLE, XLF                   
Downtrend XLC                    
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led  1389   to   1949 and  Nasdaq   Strengthened  as  Decliners led 2545   to   2171      
                      
                      
NDX Leaders:                       
40 closing higher  and  61 closing Lower                
CERN : +12.93% ;  ZM : +9.51% ;  PTON : +6.63%            
                      
DJIA Leaders:                       
5 closing higher  and  25 closing Lower                
IBM : +1.17% ;  BA : +0.96% ;  VZ : +0.80%            
                      
SP500 Leaders:                       
128 closing higher  and  374 closing Lower                
CERN : +12.93% ;  PENN : +8.00% ;  RCL : +5.25%            
                      
NASDAQ 100                     
                      
Nasdaq Above 30MA    =  36                   
CERN, MRNA, AVGO, ILMN, INCY, VRSN, VRTX, SIRI, MRVL, MU, CSCO, CTSH, MNST, AMGN, KDP, GILD, MCHP, LRCX, ANSS, FB, INTC, CHKP, PAYX, TMUS, AAPL, WBA, COST, MDLZ, FISV, DLTR, KHC, ORLY, AEP, PEP, FAST, XEL
                      
Stocks to watch on  Monday                   
                      
 Nasdaq100  xsing above30   = 0                  
                      
                      
 Nasdaq100  xsing below30  = 7                  
  QCOM, SNPS, EXC, CSX, VRSK, CTAS, SBUX                 
                      
                      
MACD Crossover:                    
Up   4                   
DXCM, MRNA, CHTR, CMCSA                   
                      
Down   7                   
ANSS, COST, CPRT, FAST, PCAR, CTAS, SBUX         

Setups

BF  : XEL, PEP, COST, AMGN, ORLY, AKAM, CVS, IBKR, MCD, UNH

HBO  : GILD, MNST    

2T  : AEP, ACN    

MACD  : AU     

CHANNEL  : AAPL, ADBE, AMZN, INTC, MSFT, NVDA, SBUX, ALGN, CDNS, CHKP, CPRT, FISV, QCOM, SNPS, WDAY, CDW, EXC, BIIB, ROST, PCAR, XLNX, ADI, ASML, TXN, INTU, ADP, TMUS, LRCX, VRSK, ATVI, AMAT, INCY, MCHP, SIRI, VRSN, ADSK, AMD, BIDU, BKNG, CSX, DLTR, EA, FAST, FB, GOOGL, JD, KHC, KLAC, NTES, NXPI, GOOG, MAR, LULU, ISRG, MRVL, REGN, DXCM, ANSS, SGEN, AVGO, ZM, OKTA, KDP, MRNA, MTCH, WBA, AXP, BAC, BIG, CARR, DDOG, DE, DG, DIA, IWM, JPM, MS, NTAP, ORCL, QQQ, SHOP, SPY, TLT, V, WMT, XLE, ZION

BEAR  : PYPL, CHTR, IDXX, SPLK, SWKS, TCOM, FOXA, FOX, TSLA, EBAY, DOCU, MELI, CRWD, ILMN, NFLX, TEAM, CMCSA, HON, PDD, PTON, BA, BABA, BBY, BYND, C, CAT, CRM, CTXS, FAS, GDXJ, GOLD, HD, MMM, SQ, TGT, TWLO, TWTR

NH  : CTSH, CERN, CSCO, MDLZ, VRTX   

EPS  : CTAS, PAYX, MU, NKE