SPY, DIA, QQQ Make New Highs as Friday's Momentum Slows...

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DJIA closed up 31 points at 28,036 led by strength in UNH, DIS, HD, WMT and PG.  Closing above 28,000 for second day in a row..

Seven of eleven sectors were higher on Monday, led by XLRE, XLP and XLC.

SPY up 23 at 312.02 on 49.3 million shares, below average volume.  Up on lower volume.

VIX up .41 at 12.46

Oil down .96 at 56.97

TLT up .25 at 138.01 on 5.9 million shares

GLD up .41 at 138.62

DIS, UNH, NKE led the DJIA, 14 advancers, -10

DISCA, CNC, BLL led the SPX, 245 advancers

NVDA, AMD, FOXA, NFLX led the NDX, 46 advancers

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

Up: DIA, QQQ, SPY,

Down:  IWM,                                                      

Breadth weakened on Monday as decliners led 1,675 to 1,271 on the NYSE and led 1,768 to 1,377 on the NASDAQ

The SPX MFC green line is above 80 at 97 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

46 of 100 NDX stocks closed higher on Monday.

74 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, ULTA, WLTW, INTU, PAYX, VRSN, WDAY, MELI, PYPL, SBUX, TTWO, CERN, ILMN, MDLZ,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 1

MDLZ,   

Moving Below 30 DMA = 2

CSX, GILD, 

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