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DJI -30.42, -0.09%, closed at 34,599. GS, CRM, PG and JNJ were the
largest point decliners on Tuesday.
NDX +7.97, +0.06%, closed at 13,810.
SPX +0.74, +0.02%, closed
at 4,227.
TSLA -0.25%, channel bounce setup.
SPY = HBO
setup.
DIA =
pullback at ST resistance.
QQQ = BO test.
IWM =
intermediate term HBO setup.
Six of
eleven
sectors were higher on Tuesday, led by XLE,
XLY and XLRE.
Energy leaders: FTI, FANG, XOM, SWN
Consumer Discretionary leaders: GPS,
ULTA, DRI, AAP
Real Estate leaders: EQIX, IRM, CBRE, FRT
SPY up .09 at 422.28, on 47.1 million shares, below average volume, up on lower volume.
VIX up .65 at 17.07
CVX, HON, IBM, AAPL led the DJIA, 13 advancers, +3
GNRC, NRG, ALB, LUMN led the SPX, 288 advancers.
SIRI, MRVL, MAR, AMZN led the NDX, 47 advancers.
The two-year trend term is up. The one-year trend is up.
Up: IWM, QQQ, SPY,
Down: DIA,
Advancers were mixed on Tuesday as advancers led 2,115 to 1,190 on the NYSE and led 2,643 to 1,657 on the NASDAQ.
The SPY MFC green line
is pointed up at 90.98 and is bullish. SPY
is a horizontal BO
setup.
Uptrend sectors: XLRE, XLC, XLF, XLE, XLI, XLP, XLB,
XLK, XLY, XLV, XLU,
Neutral sectors:
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 a little
47 of 100 NDX stocks
closed higher on Tuesday.
61 NDX stocks are above their 30 DMA: CERN, ALXN, MDLZ, KHC,
PEP, TMUS, SGEN, CSCO, PAYX, INTU, WDC, NTES, ATVI, FB, MXIM, ADI, ADP,
GOOGL, IDXX, ILMN, MRVL, NXPI, ZM, NVDA, PTON, AMAT, ASML, AVGO, CMCSA, EA,
LRCX, MCHP, SNPS, TXN, MRNA, PYPL, SIRI, AMD, EBAY, EXC, REGN, XLNX, MAR, DXCM,
MNST, ADBE, BIIB, CHKP, CPRT, DOCU, GILD, INCY, INTC, KLAC, LULU, MSFT, TEAM, ALGN,
FAST, MAR, QCOM,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 4
ALGN, FAST, MAR, QCOM,
Moving Below 30 DMA = 4
COST,
JD, MU, WBA,
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1 comment:
Thank you, Dave! Should prove interesting to see if the /ES and /RTY will breakout soon!
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