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All eleven sectors were lower on Thursday, led by XLU, XLP and XLRE

SPY down 10.40 at 302.46 on 186.1 million shares, above average volume.  Down on higher volume.

VIX up 7.63 at 39.62

WBA, WMT, JNJ led the DJIA, 1 advancer, -29

KR, AOS, NEM led the SPX, 21 advancers

CTXS, SGEN, JD, NTES led the NDX, 9 advancers

Long term up trend intact.  3-day short term trend is down a little.

Up:

Down: QQQ, IWM, SPY, DIA,

Breadth weakened, on Thursday as decliners led 2,663 to 330 on the NYSE and led 2,695 to 584 on the NASDAQ

The SPX MFC green line is above 20, pointed up at 34 and is short-term bullish. 

Uptrend sectors:  XLU, XLRE, XLP, XLK, XLC, XLV,

Neutral sectors:  XLY, XLI, XLF, XLB,

Down trend sectors: XLE,

The 6-month intermediate trend is up.  The ten-day trend is down.

3-month Intermediate Term Market Trend: Down a little

3-day Short Term Market Trend: Down a little

9 of 100 NDX stocks closed higher on Thursday.

18 NDX stocks are above their 30 DMA:  NFLX, GILD, TMUS, BMRN, REGN, NVDA, BIIB, CSGP, INCY, JD, EBAY, ATVI, COST, EA, SGEN, VRTX, XEL, NTES,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 1

NTES,    

Moving Below 30 DMA = 9

ADBE, ASML, CHTR, ISRG, MDLZ, MNST, TSLA, TTWO, VRSK,

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