Generic market comment: I get a free daily email from a market time named Marty Chenard. I've found it to be useful. Here's the link and today's email:


Five key indexes and their action ...

We are now in a very high stress condition.

The Institutional Index, the SPY, and the NDX./QQQ, were above their horizontal resistance lines.

The NYA and the IWM were below their horizontal resistance lines.

The negative? The Institutional Index, the NDX/QQQ and the SPY were all trending lower in spite of being above their resistance lines.

Please click on the link below for today's complete commentary and chart:
http://www.stocktiming.com/Friday-DailyMarketUpdate.htm