SPX Higher Close, Best Quarter since 1998...QQQ, AAPL, AMZN, MSFT Bull Flag Bounce...

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NDX +195.69, +1.96% and SPX +47.05, +1.54% SPX opened slightly lower, traded up and closed higher.  SPX formed a bullish entry on a MACD bullish divergence on the daily chart while finishing its best quarter since 1998.   

All eleven sectors were higher on Tuesday, led by XLE, XLK and XLV

Energy leaders:  MPC, PSX, HAL, OKE

Technology leaders:  XLNX, WDC, LRCX, MU

Healthcare leaders:  HOLX, COO, ZTS, TMO

SPY up 3.90 at 308.36 on 113.3 million shares, above average volume, up on higher volume.

VIX down 1.35 at 30.43

INTC, MSFT, NKE led the DJIA, 26 advancers, -3

CFG, HOLX, MPC, LRCX led the SPX, 436 advancers

XLNX, TSLA, LULU, WDC led the NDX, 88 advancers

The two-year trend term is up.  The one-year trend is up.

Up: QQQ, IWM, SPY, DIA,

Down:

Breadth continued strong on Tuesday as advancers led 1,954 to 1,038 on the NYSE and led 2,298 to 1,086 on the NASDAQ

The SPX MFC green line is pointed down at 56 and is defensive.  Price action higher close bullish bounce large white candle pattern.

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

Neutral sectors:  XLV, XLF, XLU, XLP, XLE,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up a little

88 of 100 NDX stock closed higher on Tuesday.

70 NDX stocks are above their 30 DMA:  AMZN, CDNS, ASML, IDXX, KLAC, MSFT, NVDA, SNPS, SWKS, QCOM, AAPL, ADSK, EBAY, FAST, MCHP, MELI, PYPL, SPLK, WDAY, ADBE, ALGN, TSLA, BMRN, CSGP, ZM, AMAT, JD, NTES, TMUS, BIDU, ADI, AVGO, DLTR, MXIM, TXN, LRCX, REGN, NXPI, EA, TTWO, ATVI, ILMN, ANSS, NFLX, SGEN, VRTX, AMGN, INCY, DOCU, CTSH, CSCO, CTXS, ADP, CDW, CTAS, DXCM, GILD, INTU, KHC, MU, ORLY, PAYX, PCAR, PEP, ISRG, LULU, NTAP, VRSK, WDC, XLNX,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 6

ISRG, LULU, NTAP, VRSK, WDC, XLNX,  

Moving Below 30 DMA = 0

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