SPX, INDU, COMPQ and RUT Pause as XLF and AAPL Rise on First Day of Spring...

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Three of nine sectors moved higher on Tuesday, the first day of Spring.  XLF, XLY and XLU were the strongest sectors.

Breadth weakened as decliners led advancers 2.03 to 1 on the NYSE and 2.33 to 1 on the NASDAQ.

Exchange        NYSE       NASDAQ

Advancers          985             758

Decliners         2,001          1,771

The SPY moved down 41 cents on volume of 121.7 million shares.

AAPL +4.86, +0.81% closed at $605.96 on 29.1 million shares.

Money Flow

Euro      -16 pips    1.3222

TNX        -0.07         23.72

TLT        +0.44       110.54

XLF        +0.07         15.87

SPX        -4.23     1,405.52

VIX         +0.54        15.58

Money Flow was mostly typical on Tuesday as the Euro, TNX and SPX moved lower.  Bonds TLT and XLF moved higher.  The VIX moved higher and did confirm the SPX move on Tuesday.

The Jan 18 SPX breakout has an intermediate term chart target of 1,427 within 12 weeks of the breakout on Jan 18.

Flag Move: ANF, MCP

Breakout Move: NFLX, SOHU, NTAP

Flag Setups: CHL, VECO, PCS, CRM, VMW, CSTR, WYN, ATI, SINA

Breakout Setups: BRCM, X, CIEN, JDSU, JNPR, SMH, CREE, SWKS, LVS

Leading stocks > +2% on Tuesday included TSL, TIF, SOHU, POT, BAC, ESI, C, WDC, MCP

Losing stocks < -2.0% included VECO, ANR, UCO, AKS, PCX, SINA, LVS, SWN, IL, CAT, WLT, FFIV, CREE, CLF, JNPR, RVBD, ATI, HUM

NDX 100 stocks stronger than the NDX included AMZN, NTAP, VOD, CSCO, MRVL, ROST, SPLS, YHOO, FAST and MNST.

Stocks weaker than the NDX include FSLR, ADBE, CTRP, XLNX, RIMM, FFIV, WCRX, GMCR, CTXS and EXPD.

Three NDX stocks MRVL, NFLX and VOD closed above the 30 DMA and seven AKAM, AMGN, CHRW, INFY, RIMM, WCRX and XLNX moved below leaving 77 NDX stocks above their 30 DMA.

Stocks to Watch on Wednesday

Holding Above 30 DMA = 58

CMG, NKE, CRUS, SWKS, NGLS, TPX, HLF, LNKD, LVS, CSTR, CRM, INFA, SWI, VMW, IBM, TSLA, V, ICE, TIF, UCO, DLR, SNDK, SINA, ANF, BAC, C, COH, FAS, GS, NTES, SWK, VECO, ZION, DHR, TBT, FFIV, MCP, GLW, URE, A, ARUN, DOW, JDSU, NDAQ, SMH, STI, CLF, X, CIEN, CREE, RCL, UNP, AKS, CF, MOS, POT, SOHU, F, KKD

Moving Above 30 DMA = 2

POT, TSL

Moving Below 30 DMA = 5

ATI, CAT, CHL, SWN, ZAGG

Staying Below 30 DMA

GES, WDC, PCS, FAZ, TLT, RVBD, CROX, SLW, CDE, LDK, SLB, ENTR, HAL, JNPR, ESI, IL, NVDA, DECK, HUM, UAL, WLT, DE, FCX, GRPN, ANR, PCX

Five Month Intermediate Term Market Trend: Up

Short Term Market Trend: Up