The Dow Jones Industrial Average fell 2% in last week's stock market trading, skidding below its 21-day line and nearing its 50-day line.

The S&P 500 index fell 1.2% to just below its 10-day line.

The Nasdaq composite slipped 0.9%, holding the 10-day.

The small-cap Russell 2000 fell 1.3%, but Friday's 1.2% bounce brought it back above the 21-day.

The Invesco S&P 500 Equal Weight ETF (RSP) lost just 0.75%.

The First Trust Nasdaq 100 Equal Weighted Index ETF (QQEW) gave up 1.3%.

The 10-year Treasury yield jumped 23 basis points to 4.05%, matching the 2023 high of 4.09% intraday.

Arista Networks (ANET) is starting to tighten up again, finding support at the 21-day line. It's close to a trendline break, with 164.20 as another possible entry.

Schlumberger (SLB) vaulted 8.6% to 53.35 on Friday in the heaviest volume of the year, blasting above its 200-day line and breaking a trendline going back to January.

Investors could still buy the oil-field services giant, formerly known as Schlumberger, though it is getting somewhat extended from the 200-day. SLB earnings are due on July 21.