IWM Leads DIA, SPY...SPX Trades in Range for Second Day after Breakout...

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The DJIA, closed up 38 points at 26,835 led by strength in GS, CAT, WBA, JPM and IBM.  Closing below 27,000 for the twentieth-seventh straight day.

Five of eleven sectors were higher on Monday, led by energy XLE +2.00% and financial XLF +1.53%.

SPY up .15 at 298.20 on 51.2 million shares, 40% below average volume.  Up on higher volume.

VIX up .27 at 15.27

Oil up 1.32 at 58.05

TLT down 2.59 at 143.20 on 15.8 million shares. 

GLD down .53 at 141.39

WBA +5.76%, CAT +3.71%, led the DJIA, 16 advancers, -4

SWN +16.58%, DLPH +8.85% and HP +8.56% led the SPX.

NTAP +5.39%, MYL +3.27%, PCAR +3.12% and KHC +2.93% led the NDX.

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

Up: IWM, DIA, SPY,

Down: QQQ,

Breadth strengthened on Monday, as advancers led 1,807 to 1,137 on the NYSE and led 1,875 to 1,212 on the NASDAQ

The SPY MFC green line is pointed up at 68 and is short-term bullish. 

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

Neutral sectors:  XLV,

Down trend sectors: XLE,

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: Up

53 of 100 NDX stocks closed higher on Monday.

70 NDX stocks are above their 30 DMA:  SBUX, FISV, AMGN, CELG, KLAC, TTWO, VRSK, NTES, SYMC, PEP, EA, SNPS, ADP, ATVI, BKNG, CHTR, COST, JBHT, MDLZ, CMCSA, QCOM, AAPL, MYL, ORLY, SIRI, ASML, LRCX, MU, NVDA, ROST, WDC, WLTW, DLTR, LBTYA, AMAT, AVGO, CSX, CTSH, CTXS, INTC, JD, MSFT, NXPI, TXN, AAL, ADI, AMZN, EBAY, EXPE, FAST, FB, GOOGL, LULU, MCHP, MXIM, NTAP, SWKS, TSLA, WBA, ADSK, CTRP, GILD, TMUS, UAL, BIDU, FOXA, HAS, HSIC, KHC, MAR, WYNN,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 7

BIDU, FOXA, HAS, HSIC, KHC, MAR, WYNN,

Moving Below 30 DMA = 8

CDNS, CTAS, IDXX, INTU, PAYX, PYPL, VRSN, VRTX,

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