Markets in a bearish bias. QQQ and SPY led the down move.

 SPY Market Forecast 16.7 Bearish pointing down in the lower zone                 
   0.75   PCALL - 10 day SMA (0.75 - 1.00)               
   136.18   SKEW (120 - 140)                 
                      
INTERMEDIATE TERM: Downtrend- Price below 30 &10 Wk SMA                 
  6-months UP                   
  10-days DOWN                   
  3-days DOWN                   
                      
Indices                      
UP:                         
Down:     DIA -1.36% ; IWM -1.87% ; SPY -1.96% ; QQQ -2.77%          
                      
  TLT +1.19% at 143.63                 
  VIX +12.74% at 28.85                 
                      
SPY   : Bearish   below 30ds SMA               
QQQ   : Bearish   below 30ds SMA               
DIA   : Channel at support   below 30ds SMA               
IWM   : Bearish   below 30ds SMA               
                      
                      
Sectors                      
  1 sectors closed higher led by  XLP +0.08%  and  XLRE -0.06%    Lower =  10         
  1            closing above 30d. SMA  and 10   closing below.   
                      
XLP leaders     :    CLX, SJM, CHD, KMB                
XLRE leaders     :    VTR, CBRE, WELL, IRM                
XLU leaders     :    NRG, ED, DUK, ES                 
                      
Uptrend XLP, XLE                   
Sideways XLU, XLF, XLB                   
Downtrend XLRE, XLI, XLV, XLK, XLY, XLC                   
                      
                      
Breath:                      
NYSE Weakened  as  Decliners led  679   to   2765 and  Nasdaq   Weakened   as  Decliners led 905   to   4025      
                      
                      
NDX Leaders:                       
20 closing higher  and  81 closing Lower                
PTON : +11.73% ;  TCOM : +2.22% ;  TXN : +1.26%            
                      
DJIA Leaders:                       
3 closing higher  and  26 closing Lower                
MCD : +0.58% ;  PG : +0.38% ;  NKE : +0.15%            
                      
SP500 Leaders:                       
100 closing higher  and  400 closing Lower                
WLTW : N/A ;  CF : +2.64% ;  VTR : +2.22%            
                      
NASDAQ 100                     
                      
Nasdaq Above 30MA    =  17                   
MDLZ, PEP, EA, XEL, AEP, KHC, VRTX, EXC, ATVI, AMGN, KDP, PCAR, WBA, SPLK, BIDU, JD, PDD              
                      
Stocks to watch on  Monday                   
                      
 Nasdaq100  xsing above30   = 0                  
                      
                      
 Nasdaq100  xsing below30  = 4                  
  CMCSA, FISV, BKNG, NTES                   
                      
                      
MACD Crossover:                    
Up   0                   
                      
                      
Down   2                   
SPLK, NTES