Gap Up Fills as SPX Pauses on Tuesday...

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SPY, DIA, QQQ made new all-time NEW HIGHS.  

DJIA closed down 102 points at 27,934 led by weakness in HD, BA. CVX. DOW and MCD.  Closing below 28,000.

Five of eleven sectors were higher on Tuesday, led by XLV, XLRE and XLF.

SPY down .09 at 311.93 on 67.9 million shares, above average volume.  Down on higher volume.

VIX up .40 at 12.86

Oil down 1.72 at 55.25

TLT up 1.15 at 139.16 on 7.8 million shares

GLD up .07 at 138.69

V, PFE, TRV led the DJIA, 15 advancers, +1

ABMD, STZ, MKTX led the SPX, 262 advancers

AMD, BMRN, FOXA, TSLA led the NDX, 61 advancers

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

Up: IWM, QQQ,

Down:  SPY, DIA,                                             

Breadth strengthened on Tuesday as decliners led 1,527 to 1,398 on the NYSE and advancers led 1,808 to 1,326 on the NASDAQ

The SPX MFC green line is above 80 at 98 and is short-term bullish. 

Uptrend sectors:  XLK, XLF, XLI, XLB, XLV, XLC, XLP,

Neutral sectors:  XLY, XLE, XLU, XLRE,

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: Up

61 of 100 NDX stocks closed higher on Tuesday.

73 NDX stocks are above their 30 DMA:  KLAC, AAPL, ASML, CTXS, ALGN, CELG, CHTR, NVDA, COST, SWKS, TSLA, INTC, ISRG, ORLY, AMGN, REGN, FAST, GOOGL, NTES, PCAR, SIRI, WYNN, AMD, INCY, VRTX, ISRG, JBHT, JD, NTAP, QCOM, UAL, WBA, FOXA, BIIB, KHC, ALXN, FB, MAR, AMAT, AVGO, BMRN, LRCX, MSFT, MU, NFLX, CHKP, NXPI, HSIC, ADBE, ADSK, CTSH, BIDU, ROST, ADI, CDNS, EA, FISV, LULU, ADP, MNST, SNPS, WLTW, INTU, PAYX, VRSN, WDAY, MELI, PYPL, TTWO, CERN, ILMN, AAL, GILD,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 2

AAL, GILD,    

Moving Below 30 DMA = 3

MDLZ, SBUX, ULTA,

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