NDX, SPX All-time Intraday High, Closed Slightly Lower as Breadth Weakened...Engery, Consumer Discretionary, Consumer Staples Led Sectors...Fed Interest Rate Announcement on Wednesday, 2 pm ET...

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SPX -8.52, 6,606, its second close above 6,600, all-time intraday high, closed slightly lower.  Breadth weakened on Tuesday. 

Remember price action trends and consolidates, it thrusts and pauses, today was a pause day, a fluctuation within the trend. Dave

FOMC announcement at 2 pm ET, markets expect a .25% rate cut. 

NDX -0.08%, breakout continuation pause, new intraday high, closed slightly lower and formed a red candle.  

DJI, 45,757, -0.27%, traded in a range, led by strength in UNH, MSFT and TRV.

NVDA -2.87, -1.61%, pulled back slightly, closed below its 30 DMA.

AVGO -4.09, -1.12%, traded in a range formed a red spinning top.   

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

SPY down .91 at 660.00, 60.8 million shares, below average volume,

VIX up +.67 at 16.36

QQQ down .50 at 591.18

CVX, AMZN, CAT, PG led DJIA, 11 advancers, -3

APA, STLD, OXY, HSY led SPX, 189 advancers,

ON, FANG, TSLA, MNST led NDX, 47 advancers,

Up:

Down: QQQ, SPY, IWM, DIA,

The SPY MFC green line is up at 96.4 and is short-term bullish. +0.2

Three of eleven sectors were higher and XLV unchanged on Tuesday led by XLE, XLY and XLP. 

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

Neutral sectors: XLP, XLV, XLRE,

Down trend sectors:

The 6-month intermediate trend breakout 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.

48 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, APP, VRTX, AAPL, MNST, MU, INTC, ADI, PANW, QCOM, TSLA, TTWO, MDB, ADSK, AVGO, BIIB, ASML, AMZN, GEHC, LRCX, DDOG, KLAC, DASH, WBD, ZS, ARM, MRVL, TEAM, EA, PCAR, CRWD, CEG, PLTR, AMAT, BKNG, CDNS, FTNT, META, REGN, VRTX, ADBE, CDW, IDXX, MAR, MDLZ, MELI, ON,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 7

ADBE, CDW, IDXX, MAR, MDLZ, MELI, ON,

Moving Below 30 DMA = 6

BKNG, CDNS, LIN, MSFT, NVDA, XEL,

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NDX, SPX Reach All-time Closing High...Communication Services, Technology, Consumer Discretionary Led Sectors...FOMC Wednesday 2 pm ET...

© 2025

SPX +30.99, 6,615, close first time above 6,600 for an all-time closing high. Breadth strengthened on Monday.  Narratives attribute rise to TSLA gains and US-China trade optimism.

FOMC announcement Wednesday 2 pm ET.

NDX +0.84%, breakout continuation, white candle, all-time closing high.

DJI, 45,883, +0.11%, traded in a range, led by strength in GS, MSFT and CAT.

NVDA -0.07, +0.04%, traded in a range, closed above its 30 DMA.

AVGO +4.22, +1.17%, traded in a range formed spinning top.   

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

SPY up 3.50 at 660.91, 63.7 million shares, below average volume,

VIX up +.93 at 15.69

QQQ up 5.02 at 591.68

AMZN, AAPL, IBM, MSFT led DJIA, 14 advancers, +8

STX, ALB, WDC, GOOGL, EL led SPX, 198 advancers,

ASML, GOOGL, TSLA, WBD led NDX, 51 advancers,

Up: QQQ, SPY, IWM, DIA,

Down:

The SPY MFC green line is up at 96.2 and is short-term bullish. +2.0

Five of eleven sectors were higher on Monday led by XLC, XLK and XLY. 

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

Neutral sectors: XLP, XLV, XLRE,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

51 of 100 NDX stocks closed higher on Monday.

47 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, APP, VRTX, AAPL, MNST, MU, INTC, ADI, PANW, QCOM, TSLA, TTWO, MDB, ADSK, AVGO, BIIB, ASML, AMZN, GEHC, LRCX, DDOG, KLAC, DASH, WBD, ZS, ARM, MRVL, TEAM, EA, PCAR, CRWD, LIN, XEL, CEG, NVDA, PLTR, AMAT, BKNG, CDNS, FTNT, META, MSFT, REGN, VRTX,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 8

AMAT, BKNG, CDNS, FTNT, META, MSFT, REGN, VRTX,

Moving Below 30 DMA = 5

AZN, COST, CPRT, MAR, ROST,

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NDX All-time Closing High as SPX, $DJI, RUT Pause...Communication Services, Consumer Discretionary, Utilities Led Sectors...

 

© 2025

SPX -3.18, 6,584, slightly higher open, traded in a range, formed red spinning top.  Closed higher for a second straight week. Breadth weakened on Friday.

NDX +0.42%, breakout continuation, white spinning top at an all-time closing high.

DJI, 45,834, -0.59%, paused on Friday, closed at Thursday’s S-1 level, led by weakness in SHW, AMGN and GS.

NVDA +0.65, +0.037%, traded in a range, closed above its 30 DMA.

AVGO +0.24, +0.07%, traded in a range on day two of a breakout test.   

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

SPY down .22 at 657.41, 72.2 million shares, above average volume,

VIX up +.05 at 14.76

QQQ up 2.58 at 586.66

MSFT, AAPL, WMT, JPM led DJIA, 6 advancers, -19

WBD, PSKY, TSLA, MU, NRG led SPX, 116 advancers,

WBD, TSLA, MU, PLTR led NDX, 32 advancers,

Up: QQQ,

Down: SPY, DIA, IWM,

The SPY MFC green line is up at 94.2 and is short-term bullish. +2.1

Three of eleven sectors were higher on Friday led by XLC, XLY and XLU. 

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

Neutral sectors: XLP, XLV, XLRE,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

32 of 100 NDX stocks closed higher on Friday.

44 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, ROST, APP, AZN, VRTX, AAPL, MNST, MU, CPRT, INTC, ADI, PANW, QCOM, TSLA, TTWO, MDB, ADSK, AVGO, BIIB, ASML, AMZN, GEHC, LRCX, DDOG, KLAC, DASH, WBD, ZS, ARM, MRVL, TEAM, EA, PCAR, COST, CRWD, LIN, MAR, XEL, CEG, NVDA, PLTR,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 3

CEG, NVDA, PLTR,

Moving Below 30 DMA = 8

ADBE, AMAT, CDNS, CMCSA, GILD, IDXX, VRTX, WDAY,

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