Friday, March 13, 2026

DJI, RUT, SPX, NDX Closed Lower...Breadth Strengthened but Remained Negative...


© 2026


SPX -40.43, 6,632, closed below intermediate-term 3-month support.   Breadth strengthened as advancers increased but breadth remained negative on both the NYSE and Nasdaq exchanges.  The January PCE report was an inline M/M 0.4% and Y/Y 3.1% core PCE.

NVDA -2.89, -1.58%, fell on 160.5 million shares.

SPX advancers: SNDK ARES MU BX IP EL WDC APO IT FICO.
SPX decliners: ULTA ADBE PODD MOS FCX CF NEM AVGO LYV META.

SPY traded above average volume of 96.8 million shares on Friday.
VIX -0.10, 27.19
NDX -0.62%, new closing low red candle, in 5-week congestion above Monday’s intraday low.
DJI, 46,588, -0.26%, new closing low, formed an inverted hammer.


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


Up
Down: DIA, IWM, SPY, QQQ,

The SPY MFC green line is pointed down at 27.8, price-action closed below three-month support and is short-term bearish. -1.4

Five of eleven sectors (26.3%) were higher on Friday led by XLU, XLP and XLE


51 of 100 NDX stocks closed higher on Friday.

29 NDX stocks are above their 30 DMA: BKNG, AEP, FANG, ROST, TMUS, XEL, EXC, CEG, SBUX, AXON, NLFX, VRSK, ADSK, FTNT, PLTR, TRI, APP, CRWD, DDOG, INTU, PANW, COST, MRVL, MSTR, LIN, TTWO, MU, PYPL, ROP,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 3
MU, PYPL, ROP,


Moving Below 30 DMA = 4
ADBE, AVGO, CCEP, VRTX,



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