IWM, DIA Close Higher, SPY, QQQ Close Lower...XLE, XLF, XLB Lead Sectors...

 
 
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/ES and /NQ futures moved lower overnight and SPY, QQQ opened and closed lower while IWM and DIA opened and closed higher. 
 
SPX closed above 4,400 and NDX closed at 15,204.
 
 
SPY down 1.27 at 442.64, on 61.3 million shares, below average volume, down on similar volume.  
VIX up 1.01, at 18.76
QQQ down 2.98, -0.80% at 370.35
 
 
DOW, JPM, CVX, GS led the DJIA, 15 advancers, -1
SWN, COG, FANG, OXY led the SPX, 275 advancers.
TCOM, JD, NTES, DLTR led the NDX, 34 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM, DIA,
Down: SPY, QQQ,
 
SPY = channel bounce pause
DIA = channel bounce continuation
QQQ = channel bounce pause
IWM = channel bounce continuation
 
Five of eleven sectors were higher on Monday, led by XLE, XLF and XLB.
 
Energy leaders: SWN, COG, FANG, OXY
Financial leaders: PBCT, MTB, RF, FITB
Basic Materials leaders: FCX, DOW, EMN, LYB
 
Advancers strengthened on Monday as advancers led 1,967 to 1,348 on the NYSE and led 2,745 to 1,786 on the NASDAQ.
 
The SPY MFC green line is pointed up at 45.1 and is bullish.  SPY is a bounce continuation pause. 
 
 
Uptrend sectors:  XLY, XLF, XLK, XLC, XLP, XLU, XLV,
Neutral sectors:  XLRE, 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: Up
 
34 of 100 NDX stocks closed higher on Monday.
 
36 NDX stocks are above their 30 DMA:  INTU, DXCM, TEAM, VRSK, MCHP, NFLX, TSLA, WDAY, AVGO, KLAC, BKNG, MTCH, ADI, LULU, AMAT, TXN, MAR, ORLY, FOXA, SGEN, BIDU, MRVL, TCOM, AMZN, CPRT, LRCX, MU, NXPI, XLNX, CTSH, INTC, COST, AMD, JD, KHC, PDD,
 
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 4
AMD, JD, KHC, PDD,
 
Moving Below 30 DMA = 14
ALGN, ASML, CDNS, CRWD, CTAS, GOOGL, IDXX, MELI, MRNA, MSFT, NVDA, OKTA, SPLK, VRSN,
 
 
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