SPX, NDX Rise after 3-day Selloff...Real Estate, Financial, Technology Lead All Sectors Higher...After-hours: UPST, FTNT Up on EPS Reactions...

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The SPX +63.70, 5,240, opened higher, rallied more that 120 points until mid-afternoon when it rolled over and closed higher Tuesday.  While the VIX did recede today, markets continue to be volatile as VIX closes at its second highest close of the past year.

The NDX +1.02%, also closed higher after closing lower for the past three days.

After-hours:  UPST +4.18, +17.51%, FTNT +9.19, +16.47%, on positive EPS reactions 

Mega caps META, NVDA, MSFT, TSLA, AMZN rose and GOOGL, AAPL fell on Tuesday.

SPY up 4.77 at 522.15, 84.7 million shares, above average volume

VIX down 10.86 at 27.71

QQQ up 4.16 at 439.53

CAT, DOW, JPM, DIS led the DJIA, 19 advancers, +19

KVUE, UBER, RCL, FOXA led the SPX, 392 advancers

CEG, CDNS, PDD, CRWD led the NDX, 74 advancers

Up:  IWM, QQQ, SPY, DIA,

Down:   

All eleven sectors were higher on Tuesday, led by XLRE, XLF and XLK.

The SPY MFC green line turned up at 22.9 and is short-term bullish.

Uptrend sectors:   XLRE, XLU, XLV, XLP, XLC, XLF, XLB, XLI, XLK,

Neutral sectors:  XLE, XLY,

Down trend sectors: 

The 6-month intermediate trend is up.  The ten-day trend is down.

3-month Intermediate Term Market Trend: Sideways

3-day Short Term Market Trend: Down

74 of 100 NDX stocks closed higher on Tuesday.

27 NDX stocks are above their 30 DMA:  CHTR, EA, CTAS, AMGN, GILD, ODFL, AEP, CTSH, GEHC, ILMN, LIN, ADP, PAYX, EXC, WBD, XEL, KHC, PEP, ORLY, MDLZ, MNST, KDP, PYPL, AZN, DASH, TMUS, MELI, ISRG,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 1

ISRG,

Moving Below 30 DMA = 4

CMCSA, FAST, REGN, WBD,

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