NDX, SPX Closed Higher...Technology, Health Care Energy Lead Sectors...TSM Joins Mega Caps...

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SPX +43.22, 5,974.  The DJI, 42,906, closed higher for a third day.  The RUT closed slightly lower.

NDX +1.01% closed higher forming a bull flag bounce.

TSLA +9.54, +2.27%, formed a dragonfly doji candle in a 4-day bull flag pattern.

PLTR, AXON and MSTR were added to the NDX 100 and SMCI, MRNA and ILMN were removed today.

LII, APO and WDAY were be added to the SPX and CTLT, QRVO and AMTM were removed. 

Mega caps AVGO, TSM, NVDA, META, TSLA, GOOGL, BRK/B, AMZN rose, and MSFT fell on Monday.  TSM join the trillion dollar market cap group.

SPY up 3.54 at 594.69, 57.6 million shares, above average volume,

VIX down 1.36 at 16.78,

VIX1D down 3.93 at 13.44,

QQQ up 4.21 at 522.87

INTC, MRK, UNH, GS led the DJIA, 16 advancers, -7            

AVGO, AMD, LLY, NVDA led the SPX, 444 advancers

GFS, AVGO, AMD, MCHP led the NDX, 79 advancers

Up:  QQQ, SPY, DIA,

Down:  IWM,

The SPY MFC green line is pointed down at 44.7 and is short-term bearish. -9.1.

Eight of eleven sectors were higher on Monday, led by XLK, XLV and XLE. 

Uptrend sectors:   XLY, XLC, XLK, XLF, XLI, XLP, XLU, XLRE,

Neutral sectors:  XLE,

Down trend sectors: XLB, XLV,

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

59 of 100 NDX stocks closed higher on Monday.

23 NDX stocks are above their 30 DMA:  MRVL, NFLX, TSLA, WBD, AMZN, LULU, AAPL, MSFT, ASML, AVGO, GOOGL APP, CRWD, DXCM, FTNT, GILD, AZN, CSCO, GFS, KLAC, META, NVDA, PLTR,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 7

AZN, CSCO, GFS, KLAC, META, NVDA, PLTR,

Moving Below 30 DMA = 3

DDOG, ROST, WDAY,

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