Monday, March 9, 2026

NDX, SPX, RUT, DJI Rise Form Bullish Engulfing Candles, Breadth Strengthened, Mixed...VIX Fell, Formed Dark Cloud Cover...


© 2026


SPX +55.97, 6,795, opened lower formed a bullish engulfing candle and closed higher.   Breadth strengthened as decliners shrank but still led on the NYSE and advancers led on the Nasdaq exchange. COST +7.20, +0.72%, in a post-EPS channel bounce.

NVDA +4.83, +2.72%, rose on 176.7 million shares.

SPX leaders: SNDK, TER, CIEN, WDC, KLAC, LYV, MRNA, STX, LRCX, AMD, GEV.
SPX decliners: PSKY, DINO, AJG, CHTR, BR, T, VLO, BRO, EXPE, GPC, CSCO.

SPY traded above average volume of 102.4 million shares on Monday.
VIX -3.99, 25.50, opened higher reversed lower. 
NDX +1.32%, formed a bullish engulfing candle, closed above short-term support.
DJI, 47,009, +.50%, formed a hammer/bullish engulfing candle that closed above support.


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


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

The SPY MFC green line is pointed down at 37.7, price-action closed above Friday’s high and three-month support and is short-term bullish. -0.7

Nine of eleven sectors were higher on Monday led by XLK, XLV and XLI. 


67 of 100 NDX stocks closed higher on Monday.

43 NDX stocks are above their 30 DMA: ODFL, BKNG, CMCSA, LIN, AEP, AMGN, FANG, CCEP, ROST, TMUS, XEL, CTAS, EXC, CEG, SBUX, ABNB, AXON, NLFX, FAST, VRSK, ADSK, CDNS, FTNT, PLTR, TRI, APP, PYPL, ROP, ADBE, AVGO, BKNG, CRWD, DDOG, INTU, KHC, PANW, PAYX, COST, MRVL, HON, MSTR, REGN, TTWO,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 4
HON, MSTR, REGN, TTWO,


Moving Below 30 DMA = 1
CHTR,  



Add Comments here: 

No comments: