DJIA Closes Above 28,000, New Record Close...

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SPY, DIA, QQQ broke out of horizontal resistance on Friday and are now at all-time NEW HIGHS.  IWM is a bull flag setup for Monday.

DJIA closed up 222 points at 28,004 led by strength in UNH, BA, JNJ, AAPL and MSFT.  Closing above 28,000 for the first time in history.

Ten of eleven sectors were higher on Friday, led by XLV, XLC and XLK.

SPY up 2.24 at 311.79 on 62.0 million shares, above average volume.  Up on higher volume.

VIX down 1.00 at 12.05

Oil up 1.03 at 57.93

TLT down .15 at 137.76 on 4.6 million shares

GLD down .35 at 138.21

UNH, JNJ, PFE led the DJIA, 24 advancers, +12

ANTM, HUM, CNC led the SPX, 393 advancers

AMAT, LRCX, ISRG, BIIB led the NDX, 72 advancers

Long term up trend intact.  3-day short term trend is up.

Up: DIA, QQQ, SPY, IWM,

Down:                                                                  

Breadth strengthened on Friday as advancers led 1,827 to 1,107 on the NYSE and led 1,852 to 1,235 on the NASDAQ

The SPX MFC green line is above 80 at 97 and is short-term bullish. 

Uptrend sectors:  XLK, XLF, XLI, XLB, XLV, XLC,

Neutral sectors:  XLY, XLP, XLE, XLU, XLRE,

Down trend sectors:

The 6-month intermediate trend is up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

72 of 100 NDX stocks closed higher on Friday.

75 NDX stocks are above their 30 DMA:  KLAC, AAPL, ASML, CTXS, ALGN, CELG, CHTR, NVDA, COST, SWKS, TSLA, INTC, ISRG, ORLY, AMGN, REGN, FAST, GOOGL, NTES, PCAR, SIRI, WYNN, AMD, INCY, VRTX, ISRG, JBHT, JD, NTAP, QCOM, UAL, WBA, FOXA, CSX, BIIB, KHC, ALXN, FB, MAR, AMAT, AVGO, BMRN, LRCX, MSFT, MU, NFLX, CHKP, NXPI, HSIC, ADBE, ADSK, CTSH, BIDU, ROST, ADI, CDNS, EA, FISV, LULU, ADP, MNST, SNPS, ULTA, WLTW, INTU, PAYX, VRSN, WDAY, MELI, PYPL, SBUX, TTWO, CERN, GILD, ILMN,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 3

CERN, GILD, ILMN, 

Moving Below 30 DMA = 1

CMCSA, 

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