NDX, SPX, DJI New All-time Closing High...SPX Closed Above 6,700 for First Time...Health Care Led Sectors for Second Day...

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SPX +22.74, 6,711, after a lower open, reverses and closed over 6,700 for the first time at an all-time closing high.  Breadth weakened on Wednesday.

Congress chooses to play politics and fails to get continuing resolution funding bill complete, and a government shutdown began at midnight.

A new all-time high in an uptrend.  Dave

NDX +0.49%, a new all-time closing high. 

DJI, 46,441, +0.09%, a new all-time closing high led by strength in AMGN, V and MRK.

NVDA +0.66, +0.35%, breakout continuation.

AVGO +3.48, +1.05%, bullish engulfing a hammer bounce in extended bull flag price pattern. 

ORCL +7.77, +2.76%, bullish engulfing a hammer, above the high of the low day.

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

SPY up +2.27 at 668.48, 72.3 million shares, average volume,

VIX up +.01 at 16.29

QQQ up +2.88 at 603.25

MRK, AMGN, NVDA, JNJ led DJIA, 15 advancers, -5

PFE, MRK, DHR, TECH, CRL led SPX, 219 advancers,

WBD, AZN, AMGN, GEHC, NVDA led NDX, 49 advancers.

Up: QQQ, SPY, IWM, DIA,   

Down:

The SPY MFC green line is pointed up at 88.0, price action is short-term bullish. +3.1

Four of eleven sectors were higher and two unchanged XLE, XLRE, on Wednesday led by XLV, XLK and XLU. 

Uptrend sectors: XLK, XLC, XLY, XLI, XLF, XLE, XLU, XLV,

Neutral sectors: XLB, XLRE, XLP,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

49 of 100 NDX stocks closed higher on Wednesday.

56 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, GFS, MSFT, PCAR, AEP, CSCO, EA, VRTX, AMD, BIIB, GEHC, AMGN, ARM, AZN, MSTR, REGN,  

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 5

AMGN, ARM, AZN, MSTR, REGN,  

Moving Below 30 DMA = 2

FAST, NXPI,

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