DJI, SPX, RUT Closed Higher, NDX Paused on Tuesday...Health Care, Consumer Staples, Energy Led Sectors, Technology the Sole Sector Decliner...

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SPX +14.63, 6,846, closed above 6,800.  Breadth weakened on Tuesday, but advancers did remain positive.  Government shutdown continued for the forty-second day but the Senate vote was a positive development and some seem optimistic about the outcome on the House a vote. A step in the right direction.

SPY after a pause morning continued its bull flag bounce.  The visual evidence continues to indicate that the intermediate trend is more probable to continue rising.  Remember an uptrend is a series of higher highs and higher lows.  The four-week SPY trend is up.  The three- and six-month trends are up.  Dave

Earnings: There are 8 SPX earnings reports this week including CSCO on Wednesday and DIS, AMAT on Thursday. 

NDX -0.30%, a pause day after Monday’s bull flag bounce. 

DJI, 47,927, +1.18%, bull flag bounce continuation, led by AMGN, GS and MCD.

NVDA -5.89, -2.96%, re-breakout setup.

AVGO -6.43, -1.79%, pullback to bull flag setup.

ORCL -4.68, -1.94%, channel bounce down.

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

SPY up +1.56 at 683.00, 58.7 million shares, below average volume.

VIX down -0.32 at 17.28,

QQQ down -1.66 at 621.57

MRK, AMGN, NKE, JNJ led DJIA, 26 advancers, +6

VTRS, PSKY, MRNA, DXCM led SPX, 343 advancers,

DXCM, AMGN, GILD, REGN led NDX, 57 advancers.

Up: DIA, SPY, IWM

Down: QQQ,

The SPY MFC green line turned up at 64.6, and price-action is short-term bullish. +4.2

Ten of eleven sectors were higher on Tuesday led by XLV, XLP and XLE. 

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

Neutral sectors: XLB, XLRE,

Down trend sectors: XLP,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up 

57 of 100 NDX stocks closed higher on Tuesday.

44 NDX stocks are above their 30 DMA: MU, LRCX, WBD, ZS, CRWD, AMAT, MRVL, EA, AEP, AMD, AMGN, AAPL, GOOGL, KLAC, ROST, CSCO, ISRG, BIIB, MDB, QCOM, CTSH, MRVL, PDD, AMZN, REGN, IDXX, MAR, PCAR, AZN, DDOG, BKR, CCEP, FANG, MNST, SBUX, TEAM, AVGO, NVDA, PANW, PLTR, VRTX, GILD, ODFL, XEL,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 3

GILD, ODFL, XEL,

Moving Below 30 DMA = 4

APP, ASML, INTC, TSLA,

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