SPX, NDX Make 3-month on Rising Volume...

© 2025

SPX -155.64, 5,614, opened lower, traded in a volatile downtrend, rallied in the final hour to form a lower shadow on a red candle that still made a new 3-month low.  Breadth weakened as exchange advancers hit its lowest level in two months, indexes and sectors also were significantly lower. 

The DJI, 41,911, -2.08%, opened lower, closed lower and formed a red candle. NDX -3.81% made a 3-month low.

SMCI: -1.34, -3.50%, opened lower, traded in a range, formed a red spinning top.

TSLA -40.52, -15.43% opened and closed lower, formed a big red candle, at a 4+ month low.

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

SPY down 15.34 at 560.58, 99.3 million shares, above average volume

VIX up 4.49 at 27.86

QQQ down 19.06 at 472.73

AMGN, MMM, CVX, JNJ led the DJIA, 8 advancers, -12

NVR, AZO, MCK, NOC led the SPX, 155 advancers,

REGN, ORLY, VRTX, IDXX led the NDX, 21 advancers

Up:

Down: IWM, DIA, SPY, QQQ,

The SPY MFC green line is pointed down to 14.7 and is short-term bearish. –0.6.

Two of eleven sectors were higher on Monday, led by XLU, XLE and XLP. 

Uptrend sectors: XLC, XLF, XLP, XLY, XLI, XLV,

Neutral sectors: XLU, XLRE, XLE, XLK,

Down trend sectors: XLB,

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

3-month Intermediate Term Market Trend:  Down

3-day Short Term Market Trend:  Down

21 of 100 NDX stocks closed higher on Monday.

29 NDX stocks are above their 30 DMA: CDW, ISRG, AEP, EXC, PAYX, AMGN, AZN, LIN, GILD, ROP, VRSK, VRTX, TMUS, MDLZ, MNST, WBD, KHC, PEP, EA, CHTR, BIIB, CSGP, CMCSA, FAST, REGN, HON, PCAR, ORLY, XEL,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 2

ORLY, XEL,

Moving Below 30 DMA = 13

AAPL, ADBE, ADI, ASML, CSCO, INTU, KDP, MCHP, NXPI, PDD, TTWO, TXN, ZS,

Add Comments here: