SPX Closes Lower on Last Hour Selloff, 3-day Bull Flag... Health Care, Financial, Consumer Discretionary Lead Sectors...

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The SPX -14.61, 5203.58, opened higher and traded in a positive narrow range most of the day, sold off during the last hour of the day, closed lower and is now a three-day bull flag pattern.

MKC +7.36, +10.52% led the SPX on a positive EPS reaction today. 

NVDA -24.41, -2.57%, 925.61, opened higher, pulled back and closed lower. 

Mega caps TSLA, GOOGL rose and MSFT, AAPL, AMZN, META, NVDA fell on Tuesday.

SPY down .96 at 518.81, on 65.4 million shares, average volume, closed lower on higher volume 

VIX up .05 at 13.24

QQQ down 1.44 at 443.32

UNH, HON, DIS, JPM led the DJIA, 12 advancers, +3

MKC, STX, WDC, MGM led the SPX, 214 advancers 

MRVL, TSLA, DASH, CRWD led the NDX, 45 advancers

Up:  

Down:  DIA, IWM, SPY, QQQ,

Four of eleven sectors were up on Tuesday, led by XLV, XLF and XLY

The SPY MFC green line turned down at 91.2 and is counter-trend defensive.

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

Neutral sectors:  XLU, XLRE,

Down trend sectors: 

The 6-month intermediate trend is up.  The ten-day trend is Up a little.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down

45 of 100 NDX stocks closed higher on Tuesday.

52 NDX stocks are above their 30 DMA:  CTAS, META, SPLK, NVDA, AMZN, DASH, NFLX, ORLY, AMAT, CDW, FAST, KLAC, PCAR, ABNB, CEG, QCOM, FANG, CCEP, EXC, CPRT, MU, CSGP, MNST, BKR, AZN, DXCM, MCHP, MRNA, CMCSA, PYPL, MSFT, GOOGL, ISRG, ANSS, CRWD, LRCX, MAR, PEP, ASML, CDNS, HON, KHC, ROP, SNPS, TTD, ADSK, CSCO, AVGO, BKNG, AMGN, KDP,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 0

Moving Below 30 DMA = 3

AEP, ODFL, TXN,

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