DIA, SPY, QQQ Down for Second Day, Pullback to Support...

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The DJIA, closed down 180 points at 26,447, led by weakness in AAPL, BA, CAT, HD and IBM.  This is the sixtieth consecutive close above 25,000 since June 15 and the seventeenth close above 26,000 since Feb 1.

Two of eleven sectors were higher, led by utilities XLU +1.53% and real estate XLRE +0.03%.

SPY down 1.62 at 287.82, on 105.9 million shares, 61% above average volume. Down on lower volume.

VIX up .60 at 14.82 

Oil down .34 at 74.29

TLT down .98 at 113.04 on 18.0 million shares. 

PFE +0.47%, MCD +0.46%, led the DJIA, 6 advancers, -0

GE +4.11%, TSN +2.58% and FOSL +2.29%, led the SPX.

BMRN +2.37%, HSIC +1.36%, VRSK +0.93%, and PAYX +0.76%, led the NDX.

Intermediate and long term up trend intact.  3-day short term trend is down.

Up: 

Down:  SPY, DIA, IWM, QQQ,

Breadth strengthened on Friday, as decliners led 1,971 to 974 on the NYSE and led 2,027 to 955 on the NASDAQ

The SPY MFC green line closed below the upper zone pointed down at 70 and is defensive.

Uptrend sectors:   XLV, XLI, XLK, XLY, XLP, XLU,  

Neutral sectors:  XLE, XLF, XLRE, XLB, XLC,

Down trend sectors:

The 6-month intermediate and long-term trends are still up.  The three-month trend is up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down

18 of 100 NDX stocks closed higher on Friday.

22 NDX stocks are above their 30 DMA.  AMGN, CA, SBUX, CSCO, ADP, ESRX, AVGO, HSIC, WBA, ATVI, MSFT, TMUS, SHPG, HOLX, ALXN, GILD, NTES,  VRTX, AAPL, FOXA, CSX, BMRN, INTC, 

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 1

FISV,   

Moving Below 30 DMA = 15

BKNG, CHTR, DISH, INTU, MELI, MSFT, NVDA, PCAR, QCOM, QRTEA, SHPG, SWKS, SYMC, ULTA, XLNX

Intermediate-term trending stocks: 

ADBE, COST, DG, AAPL, AMZN, MA, V, AET, ISRG, PAYX, VRSN, COP, CRM, NTAP, RNG, SQ, UNH, NVDA, ALGN, CHGG, GRUB, TWLO, W, CDNS, PAYC, FISV, NDAQ, LPSN, PSTG, ZUMZ, WIX, SHAK, ETFC, EL, CME, KORS, A, WUBA,

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