DIS, CAT Lead DJI Higher...RUT, SPX Range Lower, While TSLA, AAPL, MSFT Lead NDX Down...

  
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DJI +0.09% rises on Monday, while SPX and NDX close lower and above Thursday’s low.  RUT also closes lower but above Thursday’s low in a bull flag setup.
 
NDX -357.04, -2.63%, pulled back for a fifth day.   SPX -30.21, -0.19%, closed at 3,876, and formed an inverted hammer.
 
TSLA -8.55% broke short-term 3-week support and Thursday’s low and is no longer a MACD bullish divergence setup.
 
Six of eleven sectors were higher on Monday, led by XLE, XLF and XLRE. 
 
Energy leaders: MRO, NOV, APA, EOG,
Financial leaders: PBCT, PFG, UNM, AIG
Real Estate leaders: VNO, SLG, BXP, CBRE
 
SPY down 3.00 at 387.03 on 67.2 million shares, above average volume, down on lower volume.
VIX up 1.40 at 23.45
 
DIS, CAT, DOW, AXP led the DJIA, 14 advancers, +2
PBCT, AAL, RCL VNO led the SPX, 250 advancers.
MAR, VRTX, FOXA, TCOM led the NDX, 15 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: DIA,
Down: IWM, SPY, QQQ,
 
Advancers weakened on Monday as decliners led 1,691 to 1,563 on the NYSE and led 2,535 to 1,531 on the NASDAQ.
 
The SPY MFC green line is pointed down at 86.1 and is counter-trend defensive.  Price action is a five-day bull flag setup near horizontal support.
 
Uptrend sectors:  XLF, XLC, XLE, XLK, XLY, XLB, XLV, XLI, XLRE,
Neutral sectors:  XLU, XLP,
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
 
15 of 100 NDX stocks closed higher on Monday.
 
52 NDX stocks are above their 30 DMA:   AMAT, ASML, AVGO, BIDU, ILMN, SWKS, INTC, PDD, KLAC, EBAY, BIIB, PCAR, CTAS, GOOGL, MSFT, MRNA, WDC, DXCM, MU, ATVI, ALGN, ANSS, CDW, JD, NVDA, NXPI, OKTA, PYPL, TEAM, TXN, WDAY, ZM, CMCSA, INTU, ROST, CTAS, IDXX, MCHP, MTCH, KHC, MAR, TCOM, ADI, LRCX, BKNG, FOXA, MXIM, FISV, ADP, ORLY, PAYX, CSX,
 
 
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 0
 
 
Moving Below 30 DMA = 12
ADBE, ADSK, CDNS, CPRT, DLTR, DOCU, EA, MELI, MRVL, NFLX, NTES, SBUX,
 
 
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