© 2020
The DJI
closed at 20,188, -2,997, -12.93%, the largest daily percentage
loss since October 19, 1987. VIX closed
at 82.69 an all-time closing high.
All
eleven
sectors were lower on Monday, led by XLP, XLV and XLB
SPY down 29.47 at 239.85 on 297.2 million shares, above average volume. Down on lower volume.
VIX up 24.86 at 82.69
WBA, PG, JNJ led the DJIA, 0 advancers, -30
SWN, CAG, SJM, CLX led the SPX, 10 advancers
AAL, NTAP, CTXS, GILD led the NDX, 1 advancer
Long term up
trend intact. 3-day short term trend is down.
Up:
Down: SPY,
QQQ, DIA, IWM,
Breadth weakened,
on Monday as decliners led 2,930 to 122 on the NYSE and led 3,105 to 281 on
the NASDAQ
The SPX
MFC green line is pointed up slightly at 10 and is short-term
counter-trend bounce.
Uptrend sectors:
Neutral sectors:
XLK, XLV,
Down trend sectors: XLU,
XLRE, XLC, XLP, XLY, XLI, XLB, XLF, XLE,
The 6-month intermediate
trend is down. The ten-day trend is down.
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Down
1 of 100 NDX stocks
closed higher on Monday.
1 NDX stock is above their 30 DMA: REGN,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 0
Moving Below 30 DMA = 2
GILD, TTWO,
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