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2025
SPX +102.13, 6,705, opened
higher, white candle, closed above Friday’s bullish harami. Breadth remained
positive on Monday with advancers and a significant increase net change positive
capital. The SPX was a channel bounce, nearing the high range of both its
October 10 and November 20 large red candles.
NDX +2.62%, higher open, higher close, large white candle
closed above Friday’s harami.
DJI, 46,448, +0.44%, opened
higher, closed higher, led by GS, CAT and IBM.
NVDA +3.67, +2.05%, opened
slightly higher, traded in a range, closed higher.
AVGO +37.76,
+11.10%, opened higher, closed higher.
Mega caps AVGO, TSLA, GOOGL, TSM, META, AMZN, NVDA, AAPL, BRK/B,
MSFT rose on Monday.
SPY up +9.70 at 668.73, 80.3 million shares, below average volume.
VIX down -2.91 at 20.52,
QQQ up +15.09 at 605.16
MRK, AMZN, IBM, GS led DJIA, 15 advancers, -10
AVGO, WDC, MU, APP, HOOD led SPX, 261 advancers,
AVGO, MRVL MU, APP led NDX, 67 advancers.
Up: QQQ, IWM, SPY, DIA,
Down:
The SPY
MFC green line turned up at 23, and price-action
closed above the high of the bullish harami and is short-term
bullish. +2.3 The bounce we were watching for happened on
Monday.
Nine of eleven sectors
were higher on Monday led by XLK, XLY and XLU.
Uptrend sectors: XLV, XLK, XLU,
XLE, XLC, XLY, XLI,
Neutral sectors: XLF, XLRE,
Down trend sectors: XLB, XLP,
The 6-month intermediate trend breakout is up. The ten-day trend
is down.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
67 of 100 NDX stocks closed higher on Monday.
31 NDX stocks are above their 30
DMA: WBD, MRVL, AEP, AMGN, AAPL,
GOOGL, ROST, CSCO, ISRG, BIIB, CTSH, REGN, IDXX, MAR, AZN, BKR, FANG,
MNST, GILD, ORLY, GEHC, KDP, KHC, PCAR, VRTX, ADI, AMAT, AVGO, EA, GFS, MU,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 6
ADI, AMAT, AVGO,
EA, GFS, MU,
Moving Below 30 DMA = 3
CCEP,
INTU, SBUX,
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