DIA, IWM, SPY: Higher Open, Higher Close...Energy, Financial, Real Estate Lead Sectors...

 
 
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SPY gapped up about +0.7% higher Monday morning and within three minutes began to selloff, filled the gap, made a lower low and rallied the last 90 minutes to form a bullish harami and close +0.26% higher.
 
Energy stocks were strong on Monday as did many other stocks like KEY, MAR, AMAT and TXN. 
 
SPX closed below 4,500 for the third day in a row and NDX closed below 15,500.
 
 
SPY up 1.14 at 446.58, on 83.7 million shares, above average volume, up on lower volume.  
VIX down 1.58 at 19.37
QQQ down .26, -0.07% at 376.33
 
 
UNH, INTC, BA, CVX led the DJIA, 23 advancers, +16
APA, MRO OXY, HES led the SPX, 305 advancers.
MAR, SWKS, MCHP, MRVL led the NDX, 46 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: DIA, IWM, SPY,
Down: QQQ,
 
SPY = Bullish harami bull flag setup
DIA = Bullish harami channel bounce setup 
QQQ = Three-day bull flag setup
IWM = Mid-channel bounce down
 
Eight of eleven sectors were higher on Monday, led by XLE, XLF and XLRE.
 
Energy leaders: APA, MRO OXY, HES
Financial leaders: WFC, SYF, CFG, FITB
Real Estate leaders: HST, KIM, REG, FRT
 
 
Advancers strengthened on Monday as advancers led 2,067 to 1,124 on the NYSE and led 2,262 to 2,211 on the NASDAQ.
 
The SPY MFC green line is pointed down at 70 and is defensive.  SPY is a bull flag setup. 
 
 
Uptrend sectors:  XLY, XLK, XLC, XLRE, XLF, XLP, XLU, XLV,
Neutral sectors:  XLI, XLB,
Down trend sectors: XLE,
 
The 6-month intermediate trend is up.  The ten-day trend is down.
 
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Down
 
46 of 100 NDX stocks closed higher on Monday.
 
59 NDX stocks are above their 30 DMA:  INTU, GOOGL, ILMN, SNPS, DXCM, MSFT, TEAM, CDNS, QCOM, SPLK, MELI, CDW, COST, VRSK, ALGN, CSCO, EXC, ASML, CTSH, XLNX, CHTR, MCHP, WBA, EBAY, NFLX, NVDA, FB, TSLA, AVGO, EA, KLAC, TCOM, BKNG, JD, OKTA, PDD, AMZN, PYPL, VRSN, BIDU, MRNA, MTCH, CTAS, SBUX, ADI, LULU, MRVL, AMAT, GILD, INTC, PTON, TXN, AAPL, CMCSA, KDP, LRCX, MAR, MU, NXPI,
 
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 7
AAPL, CMCSA, KDP, LRCX, MAR, MU, NXPI,
 
 
Moving Below 30 DMA = 5
ADBE, ANSS, CRWD, IDXX, REGN,

 
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