IWM Rises as QQQ, SPY Pause...CRWD Lower After-hours...Energy, Communication Services, Discretionary Lead Sectors...

 
 
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QQQ and SPY traded in a narrow range on Tuesday after a new all-time closing high on Monday.  SPX closed above 4,500 for the third time and NDX closed at 15,582.
 
CRWD -12.90, -4.59%, moved lower after-hours on a negative earnings reaction. 

SPY down .67 at 451.56, on 59.3 million shares, average volume, down on higher volume.  
VIX up .29 at 16.48
QQQ down .31, +0.08% at 379.95
 
WBA, AXP, IBM, MCD led the DJIA, 15 advancers, -0
APA, DISCA, VIAC, LUMN, LVS led the SPX, 246 advancers.
NTES, TCOM, PDD, BIDU led the NDX, 42 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM,
Down: DIA, QQQ, SPY,
 
SPY = Pause after all-time high
DIA = Channel bounce pause
QQQ = Pause after all-time high
IWM = Re-BO mid channel
 
Four of eleven sectors were higher on Tuesday, led by XLRE, XLC and XLY.
 
Real Estate leaders: IRM, WELL, CCI, HST
Communication Services leaders: DISCA, VIAC, LUMN, IPG
Consumer Discretionary leader: LVS, CCL, NCLH, WYNN
 
 
Advancers strengthened on Tuesday as advancers led 1,836 to 1,468 on the NYSE and led 2,694 to 1,775 on the NASDAQ.
 
The SPY MFC green line is pointed down at 95.3 and is counter-trend defensive.  SPY is a pause day following an all-time closing high. 
 
 
Uptrend sectors:  XLK, XLV, XLC, XLU, XLP, XLRE, XLF, XLY,
Neutral sectors:  XLI, XLB,
Down trend sectors: XLE,
 
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
 
42 of 100 NDX stocks closed higher on Tuesday.
 
68 NDX stocks are above their 30 DMA:  INTU, GOOGL, ILMN, SNPS, REGN, DXCM, ADBE, MSFT, TEAM, ISRG, CDNS, QCOM, SPLK, MELI, CDW, COST, VRSK, AMD, ALGN, CSCO, EXC, ASML, CMCSA, AEP, CTSH, XLNX, CHTR, SGEN, MCHP, FISV, MNST, GILD, WBA, BIIB, EBAY, CHKP, FAST, MRVL, NFLX, NVDA, AAPL, FB, FOXA, NXPI, TSLA, AVGO, EA, KLAC, TCOM, BKNG, HON, JD, OKTA, PDD, CRWD, ANSS, CPRT, CTAS, INTC, KDP, TXN, VRTX, AMZN, PYPL, QCOM, VRSN, INCY, NTES, PEP,
 
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 3
INCY, NTES, PEP,
 
Moving Below 30 DMA = 8
AMAT, CSX, DOCU, IDXX, LULU, PAYX, SWKS, XEL,
 
 
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