NDX, DJI, SPX Hit New Highs as Industrial and Technology Sectors Lead...

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Seven of eleven sectors were higher on Thursday, led by XLI, XLK and XLY.

SPY up 3.01 at 324.87 on 59.2 million shares, slightly above average volume.  Up on higher volume.

VIX down 1.31 at 12.47

DIS, BA, AAPL led the DJIA, 24 advancers, -2

AMD, GE, WAB led the SPX, 295 advancers

TCOM, BIDU, NTES, JD led the NDX, 75 advancers

Long term up trend intact.  3-day short term trend is up.

Up:  QQQ, DIA, SPY, IWM,

Down:

Breadth weakened slightly on Thursday as advancers led 1,809 to 1,147 on the NYSE and led 1,905 to 1,318 on the NASDAQ

The SPX MFC green line is above 80 and is pointed up at 93 and is short-term bullish. 

Uptrend sectors:  XLK, XLV, XLC, XLB, XLY, XLP, XLF, XLI, XLU,

Neutral sectors:  XLE, XLRE,

Down trend sectors:

The 6-month intermediate trend is up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

75 of 100 NDX stocks closed higher on Thursday.

86 NDX stocks are above their 30 DMA:  AAPL, SWKS, AMGN, REGN, PCAR, SIRI, AMD, ISRG, FOXA, MAR, BMRN, MSFT, ADBE, ADSK, EA, LULU, MNST, WLTW, CERN, ILMN, SBUX, MDLZ, VRSK, GOOGL, ADI, ASML, MCHP, NXPI, TXN, ATVI, JD, NVDA, TSLA, ULTA, VRSN, EXPE, MU, AMAT, BIDU, BKNG, CSX, FAST, LRCX, MXIM, PYPL, QCOM, WDC, XLNX, CTAS, EBAY, KLAC, TCOM, CDNS, INTU, XEL, AMZN, CSCO, EXC, FB, KHC, NFLX, ALGN, SNPS, AAL, ADP, CHTR, IDXX, INTC, LBTYA, ROST, CMCSA, ANSS, CDW, CPRT, CSGP, SPLK, TMUS, NTAP, NTES, PAYX, AVGO, CTXS, MELI, UAL, WBA, WDAY,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 6

AVGO, CTXS, MELI, UAL, WBA, WDAY,

Moving Below 30 DMA = 4

BIIB, FISV, PEP, TTWO,

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