SPX Closes Higher...Technology, Communications Services, Real Estate Lead Sectors...ENPH Leads SPX, NDX...

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The SPX +33.36 opened flat, trended up and closed higher.  Gains in the mega-caps helped lift the QQQ.

Mega caps NVDA, MSFT, META, AAPL, GOOGL, AMZN, TSLA rose on Monday.

SPY up 3.47 at 454.26 on 70.0 million shares, below average volume, closed higher on lower volume. 

VIX down .39 at 13.41

QQQ up 4.70 at 390.74

BA, INTC, MSFT, CRM led the DJIA, 21 advancers, +6

ENPH, PARA, TECH, PODD, ILMN led the SPX, 341 advancers

ENPH, PANW, ALGN, DXCM led the NDX, 90 advancers.

The two-year trend term is sideways.  The one-year trend is up.

Up:  QQQ, SPY, DIA, IWM,

Down:   

Nine of eleven sectors were higher on Monday, led by XLK, XLC and XLRE.

The SPY MFC green line is sideways at 97.3 and is short-term bullish.  SPY opened flat and closed higher.

Uptrend sectors:   XLC, XLK, XLF, XLY, XLE,

Neutral sectors:  XLI, XLB, XLV, XLU, XLRE,

Down trend sectors:  XLP,

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

90 of 100 NDX stocks closed higher on Monday.

80 NDX stocks are above their 30 DMA:  FAST, MSFT, LULU, NFLX, DLTR, ORLY, INTC, AEP, AMZN, CEG, CRWD, CTAS, ROST, TMUS, ADBE, ASML, CDNS, DXCM, GEHC, KDP, KLAC, MDLZ, MELI, SNPS, AMD, AVGO, HON, META, MNST, MU, PEP, QCOM, SIRI, AAPL, AMAT, CPRT, EA, KHC, LRCX, NVDA, SBUX, COST, CSGP, PCAR, PDD, WDAY, ZS, BKNG, DDOG, INTU, MAR, MRVL, VRSK, ADI, ADSK, ANSS, IDXX, ISRG, MCHP, PAYX, ABNB, CSX, CTSH, GFS, GOOGL, NXPI, ODFL, PYPL, TEAM, TMUS, TXN, XEL, ZM, JD, WBD, ADP, CMCSA, ENPH, PANW,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 4

ADP, CMCSA, ENPH, PANW,

Moving Below 30 DMA = 1

WBA,

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