Monday, September 29, 2025

NDX, SPX, DJI Closed Higher...Technology, Financial, Consumer Discretionary Led Sectors Higher...


© 2025

SPX +17.51, 6,661, continued a bull flag bounce today, short of its all-time closing high of 6,693, last Monday.  Breadth was mixed on Monday.

A bull flag bounce continuation in an uptrend.  Dave

NDX +0.45%, also a bull flag bounce in an uptrend. 

DJI, 46,316, +0.15%, a bull flag bounce led by strength in CAT, NVDA and MSFT.

NVDA +3.66, +2.05%, support bounce, HBO setup.
AVGO -6.63, -1.98%, extended bull flag price pattern. 
ORCL -7.87, -2.70%, moved lower for a fifth day and below short term support.


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


SPY up +1.86 at 663.68, 73.4 million shares, above average volume,
VIX up +.83 at 16.12
QQQ up +2.76 at 598.73

NVDA, CAT, DIS, AMZN led DJIA, 20 advancers, -4
HOOD, WDC, COIN, APP led SPX, 306 advancers,
APP, MSTR, CSX, TTD led NDX, 63 advancers.

Up: QQQ, SPY, DIA, IWM,  
Down:

The SPY MFC green line is pointed down at 83.2 and due to a bull flag bounce, price action is short-term bullish. -1.9

Ten of eleven sectors were higher on Monday led by XLK, XLF and XLY. 

Uptrend sectorsXLK, XLC, XLY, XLI, XLF, XLB, XLE, XLU,
Neutral sectors: XLP, XLV, XLRE,
Down trend sectors:

The 6-month intermediate trend breakout is up.  The ten-day trend is up a little.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp a little 

63 of 100 NDX stocks closed higher on Monday.


54 NDX stocks are above their 30 DMA: GOOGL, PDD, BKR, APP, AAPL, MNST, MU, INTC, PANW, QCOM, TSLA, TTWO, MDB, ADSK, AVGO, ASML, LRCX, DDOG, KLAC, DASH, WBD, ZS, MRVL, CRWD, CEG, PLTR, AMAT, FTNT, MDLZ, MELI, WDAY, MRVL, INTU, NVDA, CSX, FANG, XEL, ROST, CHTR, ORLY, ADBE, CCEP, EA, EXC, FAST, GFS, MSFT, PCAR, AEP, CSCO, EA, MAR, PYPL, VRTX,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 6
AEP, CSCO, EA, MAR, PYPL, VRTX,


Moving Below 30 DMA = 2
ADI, ON,



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