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The NDX made a new all-time closing high on today. The SPX pulled back after making a new all-time closing high for seven days in a row. The DJI also pulled back on Tuesday.
Semiconductor stocks, SMH closed -0.03%, and traded in range in its bull flag pattern.
DJI -208.98, -0.60%, closed at 34,577. AMGN, GS, CAT and HD were the largest point decliners on Tuesday.
SPX -8.80, -0.20%, closed at 4,343.
TSLA -2.85%, broke diagonal support in a seven-day pennant, shifting to a bull flag pattern.
SPY = Pause forms potential hanging man after an all-time high on Friday.
Four of eleven sectors were higher on Tuesday, led by XLRE, XLU and XLK.
Real Estate leaders: EXR, EQIX, MAA, PSA
Utilities leaders: AWK, D, NEE, AEE
SPY down .79 at 432.93, on 68.5 million shares, above average volume, down on higher volume.
VIX up 1.37 at 16.44
AAPL, CRM, AXP, V led the DJIA, 8 advancers, -14
The two-year trend term is up. The one-year trend is up.
Up: QQQ,
Advancers weakened on Tuesday as decliners led 2,150 to 1,177 on the NYSE and led 3,014 to 1,407 on the NASDAQ.
The SPY MFC green line turned down at 97 and is counter-trend defensive. SPY had a pause day and formed a potential hanging man at its all-time high.
Uptrend sectors: XLK, XLC, XLV, XLY, XLRE, XLE, XLP, XLI, XLF, XLB,
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
40 of 100 NDX stocks closed higher on Tuesday.
66 NDX stocks are above their 30 DMA: ALXN, TMUS, SGEN, PAYX, INTU, FB, MXIM, ADI, GOOGL, IDXX, ILMN, MRVL, ZM, NVDA, PTON, 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, NFLX, OKTA, TSLA, VRSN, ADSK, AMAT, CDW, CHTR, COST, JD, ORLY, SWKS, BIDU, ROST, SIRI, TXN, VRSK, ADP, AMGN, GILD, AVGO, CMCSA, NTES, PEP, AEP, CSCO, SBUX, ASML, CERN, FAST,
NDX Stocks to Watch on Wednesday:
Moving Below 30 DMA = 9
AMAT, BIDU, CSCO, CSX, EA, JD, NTES, NXPI, SGEN,
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