NDX, SPX All-time Closing Highs...Earnings Season Starts Wednesday with JPM, GS, WFC Before the Open...

 
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The DJI -68.13, -0.20%, closed at 33,677, a two-day bull flag setup.  GS, IBM, NKE and JNJ were the largest point losers on Tuesday.
 
NDX +167.14, +1.21%, is a breakout setup and an all-time closing high.
SPX +13.60, +0.33%, ended at 4,141, an all-time high on Tuesday.
 
TSLA +8.60%, a reversal breakout in a channel bounce continuation.
 
SPY = all-time closing high.
DIA = 2-day bull flag.
QQQ = BO all-time closing high, MSFT, ADBE, NVDA = new high
IWM = bull flag setup
 
 
Seven of eleven sectors were higher on Tuesday, led by XLU, XLY and XLK.
 
Utilities leaders: AWK, AEE, PEG, NEE
Consumer Discretionary leaders: TSLA, ETSY, EBAY, HAS
Technology leaders: NVDA, AAPL, PYPL, PAYC
 
SPY up 1.22 at 412.86, on 56.5 million shares, below average volume, up on similar volume.  All-time closing high.
VIX down .26 at 16.65
 
AAPL, BA, CRM, MSFT led the DJIA, 12 advancers, -2
DHR, WST, NVDA, NEM led the SPX, 222 advancers.
TSLA, MRNA, ZM, OKTA led the NDX, 73 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ, SPY,
Down: DIA, IWM,
 
Advancers strengthened on Tuesday as decliners led 1,702 to 1,608 on the NYSE and led 2,228 to 1,965 on the NASDAQ.
 
The SPY MFC green line is flat at 99 and is bullish.  Be prepared and watch continuing on Wednesday, for a potential counter trend bull flag pullback.  Price action is an all-time new high.
 
 
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: Up
 
73 of 100 NDX stocks closed higher on Tuesday.
 
89 NDX stocks are above their 30 DMA:   KHC, ADP, ORLY, CSCO, AEP, XEL, AMAT, EXC, FB, MDLZ, CTSH, WBA, SIRI, TXN, FAST, AMGN, DLTR, PEP, CSX, MNST, COST, ASML, CERN, CDW, NXPI, SBUX, ADBE, BKNG, EBAY, GILD, INTC, KLAC, LRCX, REGN, ROST, SWKS, VRSK, VRSN, EA, TMUS, MRVL, ADI, ADSK, ALGN, ANSS, CDNS, CTAS, GOOGL, ISRG, MCHP, MSFT, MXIM, NVDA, SNPS, AAPL, AMZN, ATVI, AVGO, CPRT, FISV, INTU, MU, NFLX, QCOM, WDAY, WDC, CHKP, DXCM, PYPL, TSLA, MELI, PTON, ALXN, DOCU, IDXX, LULU, OKTA, SPLK, MRNA, TEAM, PCAR, AMD, INCY, MTCH, NTES, PAYX, VRTX, XLNX, ZM,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 8
AMD, INCY, MTCH, NTES, PAYX, VRTX, XLNX, ZM,
 
 
 
Moving Below 30 DMA = 1
MAR,
 
 
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