Friday, November 21, 2025

RUT Led DJI, SPX, NDX as Each Closed Higher...Basic Materials, Health Care, Consumer Discretionary Led All Sectors Higher...Watching for Potential Support Bounce on Monday...


© 2025


SPX +64.23, 6,602, opened higher traded in a range, closed higher and formed a bullish harami white candle. Breadth strengthened on Friday with advancers and net change capital highly positive. All eleven sectors were higher.  The SPX closed above its October 10 and November 20 lows. 

NDX +0.77%, higher open higher close trading range, formed a bullish harami, broke November 20 support.

DJI, 46,245, +1.08%, opened higher, formed a white bullish harami, led by HD, AXP and SHW.

NVDA -1.76, -0.97%, opened slightly higher, traded in a range, closed lower.
AVGO -6.62, -1.91%, opened lower, closed lower.


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


SPY up +6.50 at 659.03, 123.9 million shares, above average volume.
VIX down -2.99 at 23.43,
QQQ up +4.40 at 590.07

HD, MRK, SHW, UNH led DJIA, 25 advancers, +17
ROST, ALGN, BLDR, DHI led SPX, 444 advancers,
ROST, ODFL, PCAR, GFS led NDX, 77 advancers.

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

The SPY MFC green line is pointed down at 20.7, and price-action closed above the low on Oct 10 and Nov 20, formed a bullish harami and is neutral. -6.2   We are watching for a potential bounce above Friday’s bullish harami candle on Monday

All eleven sectors were higher on Friday led by XLB, XLV and XLY. 

Uptrend sectorsXLV, 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 TrendDown a little


77 of 100 NDX stocks closed higher on Friday.

28 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, CCEP, INTU, SBUX,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 3
CCEP, INTU, SBUX,


Moving Below 30 DMA = 1
EA,



Add Comments here: 

No comments: