The target l target I posted for this down move was 585 in the SPY.  That level was successfully tested and a quick late day rally ensued on Friday. Expect the low of Friday to hold this week.

The magnificent 7 has retreated quite a bit. Of those stocks AAPL stands out as the clear choice to be long the week of March 3. I also like Boeing on the long side. The attached chart shows an AAPL buy signal using my X Ray strategy. 

Thanks,

Joe