NDX New All-time Closing High...AAPL, MSFT, MELI New Closing Highs...

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NDX +149.20, +1.37% and SPX +23.490, +0.72%.  NDX made an all-time closing high and is a horizontal breakout setup for Tuesday.  SPX gapped up opened higher and closed higher.  SPX broke out of short-term horizontal resistance and is a potential BO test for Tuesday.  

AAPL +10.71, +2.52%, MSFT +11.53, +5.62% and MELI +48.00, +4.27% made new all-time closing highs on Monday.

16 SP500 stocks report before the open on Tuesday.

Six of eleven sectors were higher on Tuesday, led by XLK, XLV and XLY.

Technology leaders:  MSFT, CRM, QRVO, KLAC

Healthcare leaders:  VAR, MCK, CAH, COO

Industrials leaders:  J, IR, PWR, KSU

SPY up 2.27 at 328.79 on 53.0 million shares, below average volume, up on lower volume.

VIX down .18 at 24.28

MSFT, MRK BA led the DJIA, 20 advancers, +10

VAR, SWN, MCK, CAH led the SPX, 282 advancers

ZM, MRNA, DOCU, MELI led the NDX, 71 advancers

The two-year trend term is up.  The one-year trend is up.

Up: IWM, QQQ, DIA, SPY,

Down:

Breadth strengthened on Monday as advancers led 1,912 to 1,089 on the NYSE and led 2,462 to 975 on the NASDAQ

The SPX MFC green line is pointed up at 91 and is short-term bullish.  Price action is a horizontal breakout.

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

Neutral sectors:  XLU, XLRE, XLF, XLE,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

71 of 100 NDX stock closed higher on Monday.

76 NDX stocks are above their 30 DMA:  AMZN, CDNS, IDXX, NVDA, SWKS, AAPL, FAST, MELI, PYPL, SPLK, TSLA, NTES, MXIM, LRCX, EA, TTWO, ATVI, ILMN, ANSS, AMGN, DOCU, DXCM, PEP, VRSK, XLNX, CHKP, COST, MNST, CHTR, CMCSA, CTSH, KHC, PCAR, AMD, CTAS, ISRG, LULU, ORLY, XEL, CPRT, CSX, EXC, TCOM, CSCO, MRNA, FISV, SIRI, VRSN, AMAT, BIIB, INTU, LBTYA, QCOM. REGN, SNPS, CDW, JD, ROST, SBUX, KLAC, ADBE, AVGO, EBAY, FB, MSFT, NFLX, NXPI, TMUS, WDC,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 7

ADSK, DLTR, FOXA, MCHP, MU, TXN, ZM,

Moving Below 30 DMA = 2

ALGN, NTAP,

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