RUT, SPX, DJI, NDX Finish Lower...Breadth Weakens...VIX Closed Higher...

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SPX -119.66, 7,266, opened and closed lower and did NOT confirm Tuesday’s hammer in a bull flag pattern.  Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges. 

SpaceX, SPCX, a highly anticipated record $75 billion IPO is scheduled to be priced at $135 and begin trading on Friday, June 12, 2026.

SPX advancers: CASY DVN SJM LITE APA CBOE TMUS CPB TRGP OKE HOOD .

SPX decliners: SMCI GNRC ZBRA NRG QCOM MOS IP ETN CAT CCL UAL.

Earning’s flag setups on DELL, HPE, PANW

NVDA -7.77, -3.73%, did NOT confirm its long-tailed hammer, on 161.1 million shares.

MU -44.01, -4.70%, formed an inverted hammer in a bull flag pattern.

SPY -1.58%, closed below ST support, on above average volume of 60 million shares.

VIX +2.35, 22.22, as hedgers continued to hedge…

NDX -1.98% closed below ST support, as semiconductor and technology stocks moved lower.

DJI, 49,918, -1.87%, also closed below ST support.

Mega caps WMT, APPL rose and BRK/B, LLY, MSFT, GOOGL, META, AMZN, NVDA, TSLA, TSM, AVGO, MU, fell on Wednesday.

Up:

Down: IWM, SPY, DIA, QQQ,

The SPY MFC green line is higher at 60.4, and price-action is defensive. -11.4 

Four of eleven sectors (13.3%) were higher on Wednesday led by XLE, XLP and XLU. 

30 of 100 NDX stocks closed higher on Wednesday.

41 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, STX, CSCO, AMAT, LRCX, AAPL, MU, MNST, CDNS, DDOG, PANW, CRWD, FTNT, KDP, MDLZ, ADP, MDB, DXCM, PAYX, ASML, KLAC, MAR, ODFL, ROST, WDAY, AXON, EA, VRSK, CTAS, FAST, AMGN, IDXX, GEHC, PCAR, CCEP, KHC, EXC, LIN,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 0

Moving Below 30 DMA = 6

ALNY, APP, CTSH, ROP, WDC, VRTX,

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RUT, DJI Closed Higher, SPX, NDX Closed Lower...Selloff/Rally Forms Long-tailed Hammer...SJM Leads SPX...CPI Wednesday 8:30 am ET Before the Open...

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SPX -19.08, 7,386, opened higher formed a long-tailed hammer in a bull flag pattern.  Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges. 

SPX advancers: SJM APH POOL BLDR CARR MHK ARE PODD BX WSM LUV.

SPX decliners: COHR LITE SMCI APP GLW NOW CIEN QCOM FSLR DELL COIN.

Earning’s flag setups on DELL, HPE, PANW

NVDA -0.45, -0.22%, formed a long-tailed hammer, on 180.9 million shares.

MU -13.39, -1.41%, formed a long-tailed hammer in a bull flag pattern.

SPY -0.29%, formed a long-tailed hammer in a bull flag pattern, on above average volume of 87.6 million shares.

VIX +0.95, 19.87, hedgers hedging…

NDX -1.12% long-tailed hammer led by a pullback and rally in semiconductor and technology stocks.

DJI, 50,872, +0.17%, pulled back slightly.

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

Up: IWM, DIA,

Down: SPY, QQQ,

The SPY MFC green line is higher at 71.8, and price-action is defensive. -8.7 

Nine of eleven sectors (61.5%) were higher on Tuesday led by XLRE, XLB and XLV. 

52 of 100 NDX stocks closed higher on Tuesday.

47 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, STX, WDC, CSCO, AMAT, LRCX, AAPL, MU, MNST, CDNS, APP, DDOG, PANW, CRWD, FTNT, KDP, MDLZ, ADP, MDB, DXCM, PAYX, ASML, KLAC, MAR, ODFL, ROST, WDAY, AXON, CTSH, EA, VRSK, CTAS, FAST, AMGN, IDXX, GEHC, PCAR, VRTX, CCEP, KHC, ALNY, EXC, LIN, ROP,

NDX Stocks to Watch on Wednesday

Moving Above 30 DMA = 4

ALNY, EXC, LIN, ROP,

Moving Below 30 DMA = 2

NXPI, QCOM,  

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NDX, RUT, SPX Closed Higher...DJI Closed Lower...Breadth Strengthened...VIX Fell...

© 2026

SPX +21.57, 7,405, formed a black candle bullish harami in a bull flag pattern.   Breadth was mixed and strengthened as advancers led on the NASDAQ exchange. 

SPX advancers: INTC MU KLAC AMAT LRCX COHR COIN FICO SMCI GLW SNDK.

SPX decliners: AKAM HSY CIEN GDDY VMC VRSN MOS SBAC MLM REGN PCG.

Earning’s flag setups on DELL, HPE, PANW

NVDA +3.54, +1.73%, closed higher, on 138.3 million shares, expands partnership with SK Hynix.

MU +85.27, +9.87%, bounced in a bull flag pattern.

SPY +0.23%, formed a bullish harami in a bull flag pattern, on slightly above average volume of 49.3 million shares.

VIX -2.59, 18.92, hedgers unwinding…

NDX +1.58% rose after a Friday pullback in semiconductor and technology stocks.

DJI, 50,786, -0.16%, pulled back slightly.

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

Up: QQQ, IWM, SPY,

Down: DIA,  

The SPY MFC green line is higher at 80.5, and price-action is counter-trend defensive. -7.5 

Three of eleven sectors (48.5%) were higher on Monday led by XLK, XLE and XLY. 

48 of 100 NDX stocks closed higher on Monday.

45 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, STX, WDC, CSCO, AMAT, LRCX, AAPL, MU, MNST, CDNS, QCOM, APP, DDOG, PANW, CRWD, FTNT, KDP, MDLZ, ADP, MDB, DXCM, PAYX, ASML, KLAC, MAR, ODFL, ROST, WDAY, AXON, CTSH, EA, VRSK, CTAS, FAST, AMGN, IDXX, GEHC, PCAR, VRTX, CCEP, KHC, NXPI,

NDX Stocks to Watch on Tuesday

Moving Above 30 DMA = 2

KHC, NXPI,  

Moving Below 30 DMA = 6

ADBE, ALNY, AZN, BKNG, EXC, LIN,

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