IWM Leads Broad Rally on Monday as Buyers "Back in Town"...

  
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SPY opened higher and closed higher in a broad rally on Monday.  Big tech stocks rose, volatility and TNX moved lower. 
 
NDX +373.51, +2.89%, a support bounce above Friday’s high.
SPX +90.67, +2.38%, closed at 3,901, a bull flag bounce above Friday’s high.
 
TSLA +6.36%, was a channel bounce trigger.
 
All eleven sectors were higher on Monday, led XLK, XLF and XLE. 
 
Technology leaders: ENPH, LRCX, AAPL, WDC
Financial leaders: IVZ, C, STT, SIVB
Energy leaders: QKE, FANG, HAL, SWN
 
SPY up 9.22 at 389.58 on 105.3 million shares, above average volume, up on lower volume.
VIX down 4.60 at 23.35
 
BA, AAPL, DOW, GS led the DJIA, 28 advancers, +23
ETSY, ENPH, CCL, LB led the SPX, 461 advancers.
XRAY, ETSY, NRG, IVZ led the NDX, 92 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM, QQQ, SPY, DIA,
Down:
 
Advancers strengthened on Monday as advancers led 2,622 to 647 on the NYSE and led 3,322 to 781 on the NASDAQ.
 
The SPY MFC green line turned up to 69.6 and is bullish.  Price action is a bull flag bounce trigger.
 
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 a little
 
92 of 100 NDX stocks closed higher on Monday.
 
46 NDX stocks are above their 30 DMA:   AMAT, BIDU, SWKS, INTC, GOOGL, WDC, DXCM, MU, CDW, CMCSA, IDXX, KHC, MAR, TCOM, BKNG, FOXA, FISV, ADP, PAYX, CSX, CDNS, SBUX, ADI, ASML, AVGO, INTU, KLAC, LRCX, MCHP, MTCH, MXIM, NXPI, ATVI, CTAS, FAST, ILMN, JD, MSFT, NFLX, ORLY, PDD, PYPL, ROST, TEAM, TXN, ZM,
 
 
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 14
ATVI, CTAS, FAST, ILMN, JD, MSFT, NFLX, ORLY, PDD, PYPL, ROST, TEAM, TXN, ZM,
 
Moving Below 30 DMA = 0
 
 
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