Monday, March 30, 2026

DJI Closed Higher...SPX, NDX, RUT Closed Lower...Breadth Strenghtened and Remained Negatve...


© 2026


SPX -25.13, 6,343 made at its lowest close in six months.   Breadth strengthened and was negative as decliners again led on both the NYSE and Nasdaq exchanges.  A lack of clarity on both the Middle East and the future range of potential oil prices continued to pressure the SPX on below average volume.  Closed at its lowest level in six months. 

NVDA -2.35, -1.40%, fell on 184.9 million shares. 

MU -35.42, 9.92.50%, formed a large red candle that broke support. 

SPX advancers: NOW PANW AJG BR WDAY FICO TTD CBOE AON TKO MRSH.
SPX decliners: SYY MU COHR CIEN BSX TPL WDC SNDK LITE VRT TER GLW.

SPY traded above average volume of 99.1 million shares.
VIX -0.44, 30.61
NDX -0.78%, closed at a six-month low.
DJI, 45,216, +0.11%, formed an inverted hammer.


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


Up: DIA,
Down: SPY, QQQ, IWM,


The SPY MFC green line is down at 9.1, price-action closed just below seven-month support and is short-term bearish. -3.3.

Seven of eleven sectors (43.9%) were higher on Monday led by XLF, XLC and XLU


55 of 100 NDX stocks closed higher on Monday.

17 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, MRVL, ARM, EA, AMD, BKR, AMD, AEP, COST, EXC, INSM, INTU, LIN, MDLZ, ROP,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 8
AEP, COST, EXC, INSM, INTU, LIN, MDLZ, ROP,


Moving Below 30 DMA = 2
BKR, CSCO,  



Add Comments here:

No comments: