BA, GS, HON, MCD, CAT Lead the DJI to a New Closing High at 32,290...

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The DJI +464.28, +1.46% closed at 32,290 a new all-time closing high.  BA, GS, HON, MCD and CAT led the DJI on Wednesday.
 
NDX -42.42, -0.33%, paused after a channel bounce on Tuesday.
SPX +23.37, +0.60%, closed at 3,898, a bounce continuation.
 
TSLA -0.82%,  finished slightly lower after a strong open following Tuesday’s big gain.
 
Ten of eleven sectors were higher on Wednesday, led XLE, XLF and XLB. 
 
Energy leaders: SWN, VLO, HFC, FTI
Financial leaders: BEN, SIVB, C, WFC
Basic Materials: MOS, ALB, IFF, DOW
 
SPY up 2.41 at 389.58 on 108.8 million shares, above average volume, up on lower volume.
VIX down 1.91 at 22.56
 
BA, WBA, GS, IBM led the DJIA, 26 advancers, +13
SWN, BEN MOS, BA led the SPX, 380 advancers.
LULU, CMCSA, FOXA, ISRG led the NDX, 42 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM, DIA, SPY,
Down:  QQQ,
 
Advancers were mixed on Wednesday as advancers led 2,440 to 826 on the NYSE and led 2,639 to 1,456 on the NASDAQ.
 
The SPY MFC green line is pointed up, rose 6.3 to 59.8 and is bullish.  Price action is a bull flag bounce continuation.
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Uptrend sectors:  XLF, XLE, XLI, XLC, XLB, XLK, XLY, XLV,
Neutral sectors:  XLRE, XLU, XLP,
Down trend sectors:
 
The 6-month intermediate trend is up.  The ten-day trend is sideways.
 
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
 
42 of 100 NDX stocks closed higher on Wednesday.
 
32 NDX stocks are above their 30 DMA:   WDC, CDW, CMCSA, KHC, MAR, TCOM, BKNG, FOXA, FISV, ADP, SBUX, ORLY, CSCO, CSX, CTAS, INTC, PAYX, TMUS, AEP, DLTR, ROST, XEL, AMAT, EXC, FB, GOOGL, MDLZ, PCAR, CHTR, CTSH, MNST, WBA,
 
 
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 4
CHTR, CTSH, MNST, WBA,
 
Moving Below 30 DMA = 2
MU, NXPI,
 
 
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