DJIA Closes Above 26,000 as Rally Finishes Week 9...

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SPY, IWM, QQQ, DIA Rally week 9...

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Setups
HBO = NFLX, PYPL, SMH, Bull Flag = EA

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The DJIA, closed up 181 points at 26,031, its first close above 26,000 since Nov 8, led by strength in BA, AAPL, V, MMM and MSFT. 

Nine of eleven sectors were higher on Friday, led by technology XLK +1.28% and communication services XLC +0.94%.

SPY up 1.72 at 279.14 on 78.0 million shares, 4% below average volume. Up on higher volume.

VIX down .95 at 13.51

Oil up .23 at 57.07

TLT up .72 at 121.57 on 6.3 million shares. 

INTC +2.10%, PFE +1.95%, led the DJIA, 24 advancers, +15

INTU +6.77%, DLPH +5.80% and FOSL +5.28%, led the SPX.

JD +6.92%, INTU +6.77%, WDC +4.87%, and XLNX +2.93% led the NDX.

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

Up: IWM, QQQ, DIA, SPY

Down:

Breadth strengthened on Friday, as advancers led 2,095 to 788 on the NYSE and led 2,104 to 925 on the NASDAQ

The SPY MFC green line is in the upper zone at 97 and is short-term bullish.

Uptrend sectors: XLRE, XLC, XLI, XLU,

Neutral sectors:  XLK, XLY, XLV, XLP, XLB, XLF, XLE,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Sideways

3-day Short Term Market Trend: Up

82 of 100 NDX stocks closed higher on Friday.

84 NDX stocks are above their 30 DMA:  DLTR, REGN, WDAY, ROST, LULU, CELG, INCY, NFLX, CDNS, CTRP, EBAY, FB, PCAR, PYPL, TMUS, WYNN, XLNX, CTAS, MELI, TXN, ULTA, VRSN, ADBE, ADSK, INTU, MCHP, ADI, AMAT, AVGO, ISRG, KLAC, LRCX, NXPI, SNPS, FAST, JBHT, MDLZ, MNST, PAYX, SWKS, WLTW, CSX, ALXN, CTSH, EXPE, GOOGL, IDXX, MXIM, NTAP, VRSK, ALGN, ADP, CHKP, CSCO, FISV, MU, SBUX, ASML, FOXA, LBTYA, BKNG, CERN, CMCSA, JD, MAR, AAL, SYMC, UAL, WDC, MYL, AAPL, AMD, ORLY, PEP, CHTR, NVDA, INTC, MSFT, EA, COST, HSIC, ILMN, SIRI,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 1

QCOM,

Moving Below 30 DMA = 3

BIDU, KHC, XRAY,

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