Stocks Down and Up After Finding Support on Monday...

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The DJIA, closed up 39 points at 26,486, led by strength in HD, WBA, TRV, WMT and DIS.  This is the sixty-first consecutive close above 25,000 since June 15 and the eighteenth close above 26,000 since Feb 1.

Six of eleven sectors were higher, led by staples XLP +1.38% and real estate XLRE +1.29%.

SPY unchanged at 287.82, on 87.7 million shares, 31% above average volume. Flat on lower volume.

VIX up .87 at 15.69 

Oil down .07 at 74.22

TLT down .38 at 112.66 on 5.8 million shares. 

WBA +2.26%, WMT +1.48%, led the DJIA, 18 advancers, +12

SWN +6.63%, HRB +4.21% and GE +3.26%, led the SPX.

COST +2.34%, KHC +2.09%, LBTYA +2.06%, and DLTR +2.03%, led the NDX.

Intermediate and long term up trend intact.  3-day short term trend is down.

Up: DIA, SPY,

Down: IWM, QQQ,

Breadth strengthened on Monday, as advancers led 1,471 to 1,462 on the NYSE and decliners led 1,796 to 1,213 on the NASDAQ

The SPY MFC green line is below the upper zone pointed down at 59 is defensive.

Uptrend sectors:   XLV, XLI, XLE, XLU, XLP, XLK, XLY,

Neutral sectors:  XLF, XLRE, XLB, XLC,

Down trend sectors:

The 6-month intermediate and long-term trends are still up.  The three-month trend is up.  The ten-day trend is down.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down

34 of 100 NDX stocks closed higher on Monday.

23 NDX stocks are above their 30 DMA.  AMGN, SBUX, CSCO, ADP, ESRX, AVGO, HSIC, WBA, TMUS, HOLX, ALXN, GILD, NTES,  VRTX, AAPL, FOXA, CSX, BMRN, INTC, CHTR, MDLZ, MELI, ORLY,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 4

CHTR, MDLZ, MELI, ORLY,

Moving Below 30 DMA = 3

ATVI, CA, FISV,

Intermediate-term trending stocks: 

ADBE, COST, DG, AAPL, AMZN, MA, V, AET, ISRG, PAYX, VRSN, COP, CRM, NTAP, RNG, SQ, UNH, NVDA, ALGN, CHGG, GRUB, TWLO, W, CDNS, PAYC, FISV, NDAQ, LPSN, PSTG, ZUMZ, WIX, SHAK, ETFC, EL, CME, KORS, A, WUBA,

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