AAPL, AMZN, MSFT, FB, GOOGL Lead NDX in Bull Flag Bounce...

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SPY, and QQQ bounced in their bull flag while DIA and IWM remained in bull flag price pattern Tuesday.  Continue to watch for a potential bounce on Wednesday.

AMD, COST, HD, QCOM, and SQ hit new highs on Tuesday. 

Six sectors were higher on Tuesday, led by energy XLE +0.95% and technology XLK +0.85%.

The DJIA, closed up 113 points at 25,971 led by strength in AAPL, BA, HD, MSFT and V.  This is the forty-second consecutive close above 25,000 since June 15.

SPY up .95 at 289.05, on 50.5 million shares, 14% below average volume. Up on similar volume.

VIX down .94 at 13.22 

Oil up 2.38 at 69.91

TLT down .91 at 118.66 on 5.4 million shares. 

AAPL +2.53%, MSFT +1.70%, led the DJIA, 17 advancers, +0.

URI +5.24%, CTL +3.21% and CXO +2.97%, led the SPX.

ATVI +7.06%, TTWO +4.76%, AMZN +2.48%, and NFLX +2.16%, led the NDX.

Intermediate and long term up trend intact.  3-day short term trend is up, bull flag bounce.

Up: QQQ, DIA, SPY, IWM

Down:  

Breadth weakened on Tuesday, as advancers led 1,474 to 1,379 on the NYSE and decliners led 1,586 to 1,327 on the NASDAQ

The SPY MFC green line closed below the upper zone pointed down at 73 defensive. 

Uptrend sectors:  XLU, XLV, XLY, XLK, XLRE, XLP, XLI, XLF,

Neutral sectors: XLE, XLB,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

50 of 100 NDX stocks closed higher on Tuesday.

53 NDX stocks are above their 30 DMA.  COST, AMGN, ISRG, AMZN, CHKP, CA, CTAS, ORLY, AAPL, QCOM, PCAR, ROST, XLNX, CSX, SBUX, CMCSA, ILMN, VRSK, SNPS, CSCO, PAYX, WDAY, DISH, FISV, ADP, TTWO, ESRX, REGN, ADSK, CDNS, NVDA, ADBE, PYPL, INTU, ALGN, CHTR, VRTX, SIRI, SYMC, AVGO, ULTA, MAR, HAS, HSIC, WBA, ATVI, NFLX, AAL, MDLZ, MSFT, TMUS, CTSH, FAST,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 2

CTSH, FAST,

Moving Below 30 DMA = 2

IDXX, LBTYA,

Intermediate-term trending stocks: 

ADBE, COST, DG, AAPL, AMZN, MA, V, AET, ISRG, PAYX, VRSN, COP, CRM, NTAP, RNG, SQ, UNH, NVDA, ALGN, CHGG, GRUB, TWLO, W, CDNS, PAYC, FISV, NDAQ, LPSN, PSTG, ZUMZ, WIX, SHAK, ETFC, EL, CME, KORS, A, WUBA,

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