Wednesday, March 18, 2026

NDX, SPX, RUT, DJI Closed Lower...Breadth Weakened...VIX Rose...After hour: MU Lower after BIG EPS Beat...


© 2026


SPX -91.39, 6,624 closed below its 3-month support.   Breadth weakened and turned negative as decliners led on both the NYSE and Nasdaq exchanges.  All sectors were lower.

NVDA -1.29, -0.70%, fell on 182.1 million shares.  Tuesday was the second day of its annual conference GTC 2026.

After hours: MU -23.24, -5.04%, reported EPS $12.20 beat 9.21 est., Sales $23.86B beat 19.93 estimate.


SPX leaders: LYB SNDK CIEN LULU VST CNC MOH CEG AKAM NRG CF DINO.
SPX decliners: OTIS CHTR TTD APH ABBV CMG SBUX CMCSA DPZ FCX.


SPY traded below average volume of 82.0 million shares.
VIX +2.72, 25.09
NDX -1.43%, closed below 4-month support.
DJI, 46,225, -1.63%, closed below 3-month support.


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


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

The SPY MFC green line is pointed down at 11.7, price-action closed below its three-month support and is short-term bearish. -8.3

All eleven sectors (100%) were lower on Wednesday led by XLE, XLI and XLU


18 of 100 NDX stocks closed higher on Wednesday.

31 NDX stocks are above their 30 DMA: BKNG, AEP, FANG, ROST, TMUS, EXC, CEG, AXON, NLFX, VRSK, ADSK, FTNT, PLTR, APP, CRWD, DDOG, INTU, PANW, MRVL, MSTR, LIN, MU, PYPL, ROP, ABNB, ARM, WDC, BKNG, KLAC, STX, EA,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 1
EA,


Moving Below 30 DMA = 9
AMAT, AMZN, CDNS, COST, PDD, SBUX, TRI, TTWO, XEL,



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