Markets Pause After Three White Soldiers

DJIA - 81.80, -0.91% SP500 - 4.35, -0.47% NASDAQ Comp. - 4.18, -0.26% Russell 2000 - 0.81, -0.16% Exchange NYSE NASD Advancing 2,481 1,542 Declining 1,358 1,299 Oil $48.81 +$2.47 Gold $857.20 -$21.60 SOX 223.29 +0.62 VIX 39.08 -0.11 The VIX moved down and did NOT confirm the move down in the SPX on Monday. Strongest Sectors: XLE +2.35%...XLU +1.41%...XLP +0.41% Weakest Sectors: XLF -1.66%...XLI -0.78%...XLV -0.48% Sector Watch Up Trending: Sideways: XLE, XLP, XLU, XLY, XLV, XLI, XLB, XLK, XLF Down Trending: Index Commentary The DJIA formed a bearish harami after a three white soldiers pattern…closed above its 20, 30 and 50 DMA. The SPX formed a bearish harami after a three white soldiers pattern…closed above its Dec 8 resistance high and it 20, 30 and 50 DMA. The Nasdaq formed a bearish harami after a three white soldiers pattern…closed above its Dec 9 resistance high and it 20, 30 and 50 DMA. The RUT formed a doji bearish harami after a three white soldiers pattern…closed above its Dec 19 resistance high and it 20, 30 and 50 DMA. Stocks to Watch on Tuesday Leading Stocks: Holding Above 30 DMA AYE…PCLN…BAP…DLTR…FLR…JCOM…JEC…PCR…ATK…RTN...SNA…WMS…HAS…JOSB…AMZN…BIIB…BYI…HDB…LFC…PSSI…CERN…FWLT…MTW…QSII…VMI…OI…FLS…BCO…MOS...NDAQ…ROST…VIVO…AET…POT...UTX…APH…CCC…CIR…CL…DECK…EPR…ESI…GES…GILD…JW.A…MYGN…ACL…BLUD…DNA…HLF…OSIP…AGN…WCG...KEX…LAYN…RCI…CELG…NEU…PSYS…RIO…SHW…AMED…PETS…SOHU…BCR…CAM…FLIR…NGS…NOV…SPN…WAB…CTSH…FSTR…IIVI…K…MCRS…NIHD…PCP…SWN… AMX…CBST…HP…TECH…TEVA…ADBE…AME…ANSS…ATW…CHU…GME…MBT…MON…NE…NILE…RIMM Moving Above 30 DMA = 6 AAPL…AFAM…EZPW…LNN…RIG…VIP Moving Below 30 DMA = 6 CHTT…DV…IRIS…ISRG…MMM…SPTN Staying Below 30 DMA GIS…AXYS…URBN…MTD…ICLR…SINA…PRGO…PPD…ESRX…STRA Monday’s Action Moving Up: FSLR, POT, MA, CF, CNX, GS, BTU, ANR, FWLT, AFAM, CLF, AGU, MEE, MOS, INFY Moving Down: STRA, PCLN, GDX, AEM, KRE, KMT, NUE, KBE, SCHN Intermediate Term Market Trend: Neutral – DJIA, SPX, Nasdaq, RUT Short Term Market Trend: Up