SPX, NDX Volatile Trading Range...FOMC Minutes...Energy, Health Care, Materials Lead Sectors...Markets Closed Thursday...

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SPX +9.22, 5,918.  Opened flat, traded in a volatile range before and after the FOMC Minutes released at 2 pm ET and closed slightly higher.  The SPX formed a hammer and bullish harami candle patterns.  Breadth strengthened modestly from Tuesday.

The DJI, 42,635, closed +0.25% higher. 

NDX +0.04%, formed a hammer.

TSLA +0.58, +0.15%, traded in a range and closed slightly higher.

The NYSE and Nasdaq are closed Thursday, a day of mourning for former President Jimmy Carter who passed away last week.  Jobs report on Friday before the open. 

Mega caps MSFT, AVGO, AAPL, TSLA, AMZN rose and NVDA, BRK/B, GOOGL, META, TSM fell on Wednesday. 

SPY up 0.86 at 589.49, 47.1 million shares, average volume

VIX down -0.12 at 17.70,

VIX1D up 4.42 at 18.67,

QQQ up 0.09 at 515.27

UNH, KO, MMM, WMT led the DJIA, 18 advancers, +3          

EBAY, BSX, KMX, MDT led the SPX, 292 advancers

GEHC, SNPS, AXON, VRSK led the NDX, 57 advancers

Up:  DIA, SPY, QQQ,

Down:  IWM,

The SPY MFC green line is pointed up at 33.3 and is short-term bullish. +2.7.

Eight of eleven sectors were higher on Wednesday, led by XLE, XLV and XLB. 

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

Neutral sectors:  XLP, XLE,

Down trend sectors: XLB, XLV,

The 6-month intermediate trend is up.  The ten-day trend is Down a little.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Sideways

57 of 100 NDX stocks closed higher on Wednesday.

28 NDX stocks are above their 30 DMA:  MRVL, AMZN, LULU, AVGO, GOOGL CEG, DXCM, META, NVDA, ARM, ASML, BKR, FANG, KLAC, LRCX, QCOM, AMAT, CDW, GEHC, IDXX, MU, PDD, ADI, ANSS, CSCO, EXC, ISRG, ROST,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 6 

ADI, ANSS, CSCO, EXC, ISRG, ROST,

Moving Below 30 DMA = 4

AZN, CRWD, PCAR, PYPL,

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