SPX Range Day on Eve of No. Korea Summit and FOMC Meeting...

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ALGN, COST, CSX, EA, FOXA, IDXX, ILMN, ISRG, JBHT, ORLY, ROST, and SIRI made new highs.

IWM and QQQ are again bull flag setups.

The DJIA, closed up 5 points at 25,322, above 25,000 for the four straight day, led by strength in UNH, BA, HD and CVX offset by weakness in MCD, MMM and JNJ.

Seven sectors were higher on Monday, led by staples XLP +0.83% and energy XLE +0.52%.

SPY up .37 at 278.56 on 58.8 million shares, 16% below average volume. Up on lower volume.

VIX up .17 at 12.35

Oil up .51 to 66.07

TLT down .22 at 119.31 on 6.8 million shares.

UNH +1.24%, CVX +0.89%, led the DJIA, 16 advancers.

SRE +15.54%, BSX +7.42% and APA +5.59%, led the SPX.

TSLA +4.55%, NTES +3.95%, STX +3.5%, and MELI +3.09%, led the NDX.

Intermediate and long term up trend intact.  3-day short term trend is up.

Up: QQQ, IWM, SPY, DIA,

Down:

Breadth was similar on Monday, as advancers led 1,578 to 1,291 on the NYSE and led 1,593 to 1,328 on the NASDAQ

The SPY MFC green line is in the upper zone and is at 97.5, bullish. 

Uptrend sectors:  XLY, XLK, XLRE, XLE,

Neutral sectors: XLF, XLV, XLI, XLB, XLU

Down trend sectors: XLP

Intermediate-term trending stocks: 

RACE, ADBE, IBKR, ETFC, MA, V, ISRG, WIX, NDAQ, WYNN, VRSN, TAL, COP, CRM, NTAP, RNG, AA, WUBA, FCAU, NVDA, SQ, ALGN, AKAM, SHOP, EL

BA, MU, MAR, CMA, CME, ANET, HRS, KORS,

DLTR, WB, TPR,

63 of 100 NDX stocks closed higher on Monday.

82 NDX stocks are above their 30 DMA.  

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 8

AAL, HOLX, HSIC, LBTYA, NTES, STX, WBA, WDC,

Moving Below 30 DMA = 1

INTC,

The 6-month intermediate and long-term trends are still up.  The three-month trend is sideways.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Sideways

3-day Short Term Market Trend: Up

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