SPX, NDX, DJI, RUT Recover a Portion of Monday's Pullback as America Awaits Georgia Senate Election Outcome...

 
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SPY, QQQ, DIA, IWM recovered a portion of Monday’s selloff as GA its Senate runoff election on Tuesday that will determine control of the Senate.
 
NDX +107.71, +0.85%, on Tuesday a breakout test bounce on Tuesday.
 
SPX +26.21, +0.71%, closed at 3,726, a horizontal breakout setup.
 
TSLA rose +0.73%, on Tuesday and is a breakout continuation and new all-time closing high.
 
Nine of eleven sectors were higher on Tuesday, led by XLE, XLB and XLI. 
 
Energy leaders: OXY, FANG, APA, MRO
Basic Materials leaders: ALB, APD, DD, FCX
Industrials leaders: BA, UAL, FLS, HWM
 
 
SPY up 2.54 at 371.33 on 66.4 million shares, average volume, up on lower volume.
VIX down 1.63 at 25.34
 
BA, DOW, CVX, GS led the DJIA, 21 advancers, +15
OXY, FANG, APA, MRO led the SPX, 363 advancers
PDD, JD, NTES, MU led the NDX, 75 advancers
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM, QQQ, SPY, DIA
Down:
 
Advancers strengthened on Tuesday as advancers led 2,292 to 871 on the NYSE and led 2,708 to 1,083 on the NASDAQ
 
The SPY MFC green line is turned down at 84.5 and is counter-trend defensive.  Price action is a breakout test pullback.
 
Uptrend sectors:  XLU, XLB, XLI, XLY, XLP, XLV, XLF, XLC, XLK, XLE,
Neutral sectors:  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: Down a little
 
75 of 100 NDX stocks closed higher on Tuesday.
 
70 NDX stocks are above their 30 DMA:   ALGN, TXN, ADI, AMAT, MU, MXIM, SBUX, ASML, INTU, MNST, TMUS, ROST, CSCO, AVGO, MELI, ADSK, TSLA, PYPL, AAPL, ANSS, ATVI, BIDU, CDNS, EA, ILMN, ISRG, SNPS, NFLX, CHKP, CERN, DXCM, IDXX, CPRT, ALXN, AMZN, INCY, QCOM, SWKS, MSFT, ORLY, NTES, VRSK, MRVL, MTCH, PTON, TEAM, BKNG, MDLZ, FOXA, AMGN, COST, INTC, JD, PDD, AMD, KLAC, NXPI, WDC, EBAY, GILD, LRCX, WBA, BIIB, CTSH, FOXA, LULU, MCHP, NVDA, QCOM, TCOM, XLNX,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 9
BIIB, CTSH, FOXA, LULU, MCHP, NVDA, QCOM, TCOM, XLNX,
 
Moving Below 30 DMA = 3
KHC, VRSN, VRTX,
 
 
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