Bull Flag Day 5 Spinning Top...FOMC Meets Tuesday/Wednesday...

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SPY up .11 at 289.37 on 39.2 million shares, 49% below average volume. Up on lower volume.

VIX up .07 at 15.35

Oil down .59 at 51.92

TLT up .23 at 131.69 on 6.0 million shares. 

BA +2.23%, CSCO +1.19%, led the DJIA, 14 advancers, -3

MOS +4.11%, DISH +3.86% and NWSA +3.47%, led the SPX.

INCY +5.31%, TSLA +4.70%, FB +4.24% and BMRN +4.12% led the NDX.

Long term up trend intact.  3-day short term trend is sideways.

Up: IWM, QQQ, DIA, SPY,

Down:

Breadth strengthened on Monday, as advancers led 1,566 to 1,298 on the NYSE and led 1,638 to 1,413 on the NASDAQ

The SPY MFC green line is turned up at 74 and is short-term bullish. 

Uptrend sectors: XLP, XLRE, XLU, XLY, XLK, XLB, XLI, XLC,

Neutral sectors:  XLF, XLV, XLE,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Sideways

54 of 100 NDX stocks closed higher on Monday.

67 NDX stocks are above their 30 DMA:  PAYX, PEP, CERN, CTAS, CHTR, IDXX, XRAY, TTWO, MELI, ORLY, AMD, MDLZ, WLTW, AMGN, CELG, COST, HAS, HSIC, ILMN, SBUX, VRSK, VRSN, ADP, CSCO, EXPE, FISV, INTU, PCAR, PYPL, SNPS, AMAT, LBTYA, MSFT, MXIM, ROST, WDAY, BKNG, CTSH, EBAY, GILD, ISRG, MAR, AAPL, ADI, AMZN, CDNS, DLTR, INTC, NTES, WBA, ULTA, CTXS, UAL, AAL, ATVI, LULU, SIRI, CMCSA, FB, TSLA, VRTX, ADBE, BIIB, BMRN, INCY, REGN, SYMC,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 6

ADBE, BIIB, BMRN, INCY, REGN, SYMC,

Moving Below 30 DMA = 1

KLAC, 

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