DJI, SPX, NDX Lower, forming 2-day Bull Flag Price Pattern...NFLX Down in After-hours...

 
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NFLX down -45.57, -8.29%, in after-hours at 504.00 on earnings beat with lower-than-expected subscriber growth.
 
The DJI -256.33, -0.75%, closing at 33,821.  GS, BA, NKE and CAT were the largest point decliners on Tuesday.
 
NDX -98.37, -0.71%, closes at 13,809.
SPX -28.32, -0.68%, ended at 4,135.
 
TSLA +0.61%, a re-BO and bull flag setup.
 
SPY = two-day bull flag price pattern.
DIA = two-day bull flag price pattern.
QQQ = a BO test forming a two-day bull flag pattern.
IWM = a bounce down toward support in a sideways channel.
 
 
Four of eleven sectors were higher on Tuesday, led by XLU, XLRE and XLP.
 
Utilities leaders: ATO, AEE, EVRG, WEC
Real Estate leaders: IRM, PLD, DLR, DRE
Consumer Staples leaders: CLX, PM, KMB, CHD
 
SPY down 3.04 at 412.17, on 81.7 million shares, average volume, down on slightly higher volume. 
VIX up 1.39 at 18.68
 
IBM, JNJ, UNH, AMGN led the DJIA, 10 advancers, -2
KSU, ENPH, DOV, CLX led the SPX, 185 advancers.
INCY, AEP, BIIB, XEL led the NDX, 31 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up:
Down: QQQ, SPY, DIA, IWM,
 
Advancers weakened on Tuesday as decliners led 2,442 to 877 on the NYSE and led 3,237 to 1,004 on the NASDAQ.
 
The SPY MFC green line is pointed down at 94.0 and is counter-trend defensive.  SPY is a two-day bull flag pullback. 
 
 
Uptrend sectors:  XLP, XLI, XLY, XLK, XLB, XLRE, XLC, XLF, XLU, XLV, XLE,
Neutral sectors: 
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
 
31 of 100 NDX stocks closed higher on Tuesday.
 
70 NDX stocks are above their 30 DMA:   KHC, ADP, ORLY, CSCO, AEP, XEL, AMAT, EXC, FB, MDLZ, CTSH, SIRI, TXN, FAST, AMGN, DLTR, PEP, CSX, MNST, COST, ASML, CERN, CDW, SBUX, ADBE, EBAY, GILD, LRCX, REGN, ROST, SWKS, VRSK, VRSN, EA, TMUS, ADSK, ALGN, ANSS, CDNS, GOOGL, ISRG, MSFT, MXIM, NVDA, SNPS, AAPL, AMZN, ATVI, CPRT, FISV, INTU, NFLX, CHKP, DXCM, PYPL, TSLA, MELI, ALXN, DOCU, IDXX, LULU, OKTA, MRNA, TEAM, INCY, VRTX, BIIB, CHTR, NTES, PAYX,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1
PAYX,
 
Moving Below 30 DMA = 11
ADI, AMD, BKNG, ILMN, KLAC, MCHP, MTCH, QCOM, WBA, WDAY, XLNX,
 
 
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