Lower Open after CPI Higher than Expected...NDX Recovers, SPX Closes Slightly Lower...UPST, CVS Positive EPS Reactions...After-hours: APP, CSCO Up on EPS...

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SPX -16.53, 6,051, gapped down and filled the gap and closed slightly lower.  The DJI, 44,368, closed -0.50%, and formed a doji pattern.  NDX +0.12% opened lower and closed slightly higher. 

CPI report higher than expected at 8:30 am sent index futures lower at 8:30 am ET.  Stocks and indexes opened lower and rallied, recovering much of the pre-market selloff.

TSLA +8.01, +2.44%, counter-trend bounce formed bullish harami, channel bounce setup.

Wednesday EPS reactions: UPST +21.42, +31.82%, CVS +8.22, +14.95%, GILD +7.17, +7.46%,

After-hours reactions: APP +110.43, +29.04%, CSCO +4.12, +6.59%,

Mega caps TSLA, AAPL, AVGO, META rose, and BRK/B, MSFT, GOOGL, NVDA, AMZN, TSM on Wednesday. 

SPY down 1.95 at 603.36 45.0 million shares, average volume

VIX down .13 at 15.89

VIX1D down 1.32 at 12.75

QQQ up .31 at 528.30

BA, AAPL, KO, NKE led the DJIA, 14 advancers, -3

CVS, GNRC, GILD, INTC, EW led the SPX, 156 advancers,

GFS, GILD, INTC, ABNB led the NDX, 48 advancers

Up: QQQ,

Down: SPY, DIA, IWM,

The SPY MFC green is flat at 81.2 and is short-term bullish. -0.5.

One of eleven sectors was higher on Wednesday led by XLC, XLY and XLP.

Uptrend sectors: XLC, XLF, XLI, XLY, XLK, XLU,

Neutral sectors: XLE, XLRE, XLB, XLP, XLV,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Sideways

3-day Short Term Market Trend: Sideways

48 of 100 NDX stocks closed higher on Wednesday.

65 NDX stocks are above their 30 DMA:  CEG, BKR, KLAC, CDW, GEHC, ISRG, AEP, ARM, EXC, PAYX, QCOM, AMGN, MELI, META, PDD, ADP, AZN, LIN, SBUX, APP, CTAS, DASH, CRWD, FTNT, GILD, ORLY, ROP, VRSK, VRTX, ZS, CTSH, MDB, NFLX, PLTR, TEAM, LULU, MAR, CCEP, COST, TMUS, AXON, CSCO, AMAT, CPRT, IDXX, LRCX, XEL, PANW, ODFL, ABNB, BKNG, MDLZ, TTWO, ADBE, ASML, AVGO, CSX, DDOG, TTD, CHTR, INTC, KDP, AAPL, GFS, NXPI,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 3   

AAPL, GFS, NXPI,

Moving Below 30 DMA = 9

ADSK, AMZN, CDNS, CSGP, DXCM, FAST, KHC, SNPS, WDAY,

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