IWM, QQQ Lead Broad Rally Day 11...Real Estate Tech Lead Sectors...

 
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IWM, QQQ, SPY, DIA extended their rally for An eleventh day. 
 
Oil futures, (/CL +1.67) traded lower BMO, reversed and closed slightly higher on Tuesday. 
 
Talks between UKR / RUS continue to have no clear path towards a ceasefire.  
 
 
SPY up 5.64 at 461.55, on 86.5 million shares, below average volume, up on higher volume.
VIX down .73 at 18.90, fell to its lowest close since Jan 12.
QQQ up 6.28 at 371.19.
 
V, NKE, BA, CRM led the DJIA, 25 advancers, +9
NLSN, EPAM, PENN, F led the SPX, 405 advancers.
LCID, ZM, DOCU, JD led the NDX, 96 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM, QQQ, SPY, DIA,
Down: 
 
Ten of eleven sectors were higher on Tuesday, led by XLRE, XLK and XLC. 
 
Real Estate leaders: SPG, REG, EXR, EQIX
Technology leaders:  EPAM, IPGP, MA, FIS
Communication Services leaders:  GCI, TWTR, NFLX, IPG
 
Advancers strengthened on Tuesday as advancers led 2,750 to 640 on the NYSE and led 3,605 to 1,250 on the NASDAQ.
 
The SPY MFC green line is pointed up at 88.5 and is short-term bullish.  SPY rose continuing an eleven-day rally.    
 
 
Uptrend sectors:  XLE, XLU, XLP, XLV, XLB,
Neutral sectors:  XLRE, XLF, XLK, XLI,
Down trend sectors: XLY, XLC,
 
The 6-month intermediate trend is up.  The ten-day trend is up.
 
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Up
 
96 of 100 NDX stocks closed higher on Tuesday.
 
93 NDX stocks are above their 30 DMA:  EXC, DLTR, KHC, COST, AEP, AMGN, CTSH, PAYX, XEL, ADP, FAST, SGEN, AZN, ORLY, REGN, CRWD, VRTX, AVGO, CTAS, DXCM, HON, ODFL, PANW, TXN, VRSK, ADI, AMZN, ASML, CDNS, CPRT, CSX, FISV, IDXX, MCHP, MELI, MRNA, MRVL, MSFT, NVDA, ABNB, AMAT, ILMN, PYPL, SNPS, SPLK, TSLA, WDAY, FB, FTNT, GOOGL, INTC, SIRI, AAPL, AMD, BIIB, EBAY, NTES, PEP, ADSK, BKNG, CMCSA, KLAC, LRCX, LULU, MAR, MTCH, NFLX, NXPI, SWKS, VRSN, EA, ISRG, WBA, ADBE, ANSS, DDOG, DOCU, INTU, KDP, LCID, MNST, ROST, TEAM, TMUS, ZS, ATVI, BIDU, CSCO, GILD, PCAR, QCOM, SBUX, ZM,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 8
ATVI, BIDU, CSCO, GILD, PCAR, QCOM, SBUX, ZM,
 
Moving Below 30 DMA = 0
 
 
 
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