Tuesday, June 10, 2025

SPX, NDX Closed Higher...Energy, Communication Services, Consumer Discretionary Led Sectors...


© 2025


SPX +32.93, 6,038.81, opened slightly higher, trended up and made a new three-month closing high, nearing its all-time closing high on February 19 at 6,144.

The DJI, 42,866 +0.25%, rose.  The NDX +0.66% rose slightly to a new three-month closing high. 

Breadth was stronger on Tuesday.

TSLA +17.51, +5.67%, formed a white bullish engulfing candle, a bounce continuation in a bull flag.

MDB continued to form an earnings flag on Tuesday.

AVGO +0.35, +0.14%, spinning top a BO test and bull flag setup.

Up: QQQ, SPY, IWM, DIA,
Down:

The SPY MFC green line is up at 96.5 and is short-term bullish. +0.2

Ten of eleven sectors were higher on Tuesday led by XLE, XLC and XLY. 

Uptrend sectorsXLI, XLU, XLK, XLY, XLC,
Neutral sectors: XLF, XLB, XLP, XLRE,
Down trend sectors: XLE, XLV,

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 TrendUp


68 of 100 NDX stocks closed higher on Tuesday.

79 NDX stocks are above their 30 DMA: COST, CRWD, CTAS, MNST, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, DXCM, KLAC, LRCX, MAR, MCHP, MDB, MSFT, SNPS, TTD, PYPL, ADBE, HON, NVDA, PAYX, VRSK, AMD, CTSH, AMZN, APP, ASML, CSCO, META, MU, ON, CSX, GEHC, TXN, MRVL, WBD, DASH, BIIB, FAST, GOOGL, LIN, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, GFS, NXPI, CSGP, ROP, SNPS, CMCSA, FANG, PCAR, PLTR, MDLZ, MSTR, ODFL, CDW, CHTR, INTC, ORLY, PEP, TSLA, VRTX,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 7
CDW, CHTR, INTC, ORLY, PEP, TSLA, VRTX,


Moving Below 30 DMA = 2
ADP, TEAM,



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