Tuesday, March 31, 2026

RUT, NDX, SPX, DJI Closed Higher on Potential End of Military Conflict in the Middle East...Breadth Strengthened...VIX Fell...


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SPX +184.80 6,528.52 closed above the HOLD.   Breadth strengthened and turned positive as advancers led on both the NYSE and Nasdaq exchanges.  While a lack of clarity on both the Middle East and the future range of potential oil prices continued today prices rose dramatically on a hope from comments by POTUS that the U.S. may end the military conflict in the Middle East.  Technology XLK +4.24% led all sectors.   

NVDA +9.23, +5.59%, rose on 225.7 million shares above the HOLD with a large white candle. 

MU +16.04, +4.98%, formed a piercing line white candle.


SPX advancers: ON SNDK COIN COHR SMCI STX UAL CCL CRL Q MCHP FCX.
SPX decliners: CEG MKC CF EOG APA OKE HSY DVN CHTR BIIB LYB CTRA AWK.

SPY traded above average volume of 99.1 million shares.
VIX -5.36, 25.25
NDX +3.43%, bounced above the HOLD.
DJI, 46,341, +2.49%, bounced above the HOLD.


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


Up: IWM, QQQ, SPY, DIA,
Down:  

The SPY MFC green line turned up at 12.4, price-action closed above the HOLD and is short-term bullish. +3.3. 

Nine of eleven sectors (94.7%) were higher on Tuesday led by XLK, XLI and XLY


84 of 100 NDX stocks closed higher on Tuesday.

28 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, MRVL, ARM, EA, AMD, BKR, AMD, AEP, COST, EXC, INSM, INTU, LIN, ROP, ALNY, AMD, AZN, CSX, FAST, FTNT, ODFL, ORLY, PANW, PDD, PYPL, REGN,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 12
ALNY, AMD, AZN, CSX, FAST, FTNT, ODFL, ORLY, PANW, PDD, PYPL, REGN,


Moving Below 30 DMA = 1
MDLZ,



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