NDX, SPX Close at All-time Highs as DJI, RUT Pull Back...Communication Services, Technology Lead Sectors...

 
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The SPX made a new all-time closing high for the third day in a row, while the DJI pulled back.  The NDX, reversed Fridays pull back and made its fourth all-time closing high in five days.
 
Semiconductor stocks, SMH broke out of resistance on Monday and closed at a new all-time high. 
 
DJI -150.57, -0.44%, closed at 34,283.  BA, AXP, UNH and CVX were the largest point decliners on Monday.
NDX +179.80, +1.25%, closed at 14,524.
SPX +9.91, +0.23%, closed at 4,290.
 
TSLA +2.51%, reversed Friday’s pullback in its breakout continuation.
 
SPY = All-time high.
DIA = Channel bounce down.
QQQ = All-time high.
IWM = Channel bounce down.
 
Seven of eleven sectors were higher, and one was unchanged on Monday, led by XLC, XLK and XLU.
 
Communication Services leaders: VIAC, FB, ATVI, EA
Technology leaders: ENPH, NVDA, AMAT, ZBRA
Utilities leaders: NRG, NEE, ES, AWK
 
 
SPY up .86 at 427.47, on 53.1 million shares, average volume, up on lower volume.  
VIX up .14 at 15.76
 
INTC, MSFT, AAPL, CRM led the DJIA, 10 advancers, -12
ENPH, ETSY, NRG, VIAC led the SPX, 205 advancers.
NVDA, PTON, ZM, NTES led the NDX, 70 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ, SPY,
Down: DIA, IWM,
 
Advancers weakened on Monday as decliners led 1,998 to 1,390 on the NYSE and led 2,363 to 2,095 on the NASDAQ.
 
The SPY MFC green line is pointed up at 94.1 and is bullish.  SPY closed at a new all-time high. 
 
 
Uptrend sectors:  XLK, XLC, XLV, XLRE, XLE, XLY, XLP, XLI, XLF, XLB,
Neutral sectors:  XLU,
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
 
70 of 100 NDX stocks closed higher on Monday.
 
75 NDX stocks are above their 30 DMA:  ALXN, TMUS, SGEN, PAYX, INTU, FB, MXIM, ADI, GOOGL, IDXX, ILMN, MRVL, ZM, NVDA, PTON, ASML, SNPS, MRNA, PYPL, AMD, EBAY, REGN, XLNX, DXCM, ADBE, BIIB, DOCU, LULU, MSFT, TEAM, ALGN, AMZN, ISRG, ANSS, CDNS, QCOM, SPLK, AAPL, CPRT, CTAS, MELI, MTCH, WDAY, INCY, NFLX, OKTA, TSLA, VRSN, ADSK, AMAT, CDW, CHTR, COST, JD, ORLY, SWKS, FOXA, BIDU, KLAC, NXPI, ROST, SBUX, SIRI, TXN, VRSK, ADP, AMGN, GILD, MU, ATVI, AVGO, EA, INTC, LRCX, MCHP,
 
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 6
ATVI, AVGO, EA, INTC, LRCX, MCHP,
 
 
Moving Below 30 DMA = 2
MDLZ, PDD,
 
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