QQQ Closes Higher as SPY, IWM, DIA Close Lower...

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NDX +81.13, +0.63%, stayed above Tuesday and Thursday’s support low.
SPX -18.19, -0.48%, closed at 3,811, closing just above Tuesday’s support low.
 
TSLA -0.99%, also stayed above Tuesday’s low.
 
Three of eleven sectors were higher on Friday, led by XLK, XLY and XLC. 
 
Technology leaders: ENPH, MU, AMAT, XLNX
Consumer Discretionary leaders: ETSY, CCL, SBUX, LB
Communication Services leaders: DISCA, VIAC, GCI, CHTR
 
SPY down 1.97 at 380.36 on 152.7 million shares, above average volume, down on higher volume.
VIX down .94 at 27.94
 
MSFT, HD, UNH, INTC led the DJIA, 5 advancers, +2
ETSY, ENPH, CCL, LB led the SPX, 158 advancers.
PTON, SBUX, MRNA, MU led the NDX, 59 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ,
Down: IWM, SPY, DIA,
 
Advancers strengthened on Friday as decliners led 1,896 to 1,370 on the NYSE and led 2,634 to 1,442 on the NASDAQ.
 
The SPY MFC green line is below 80, pointed down to 67.6 and is defensive.  Price action is a potential break of short-term support setup.
 
Uptrend sectors:  XLF, XLC, XLE, XLK, XLY, XLB, XLV, XLI, XLRE,
Neutral sectors:  XLU, XLP,
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: Down
 
59 of 100 NDX stocks closed higher on Friday.
 
32 NDX stocks are above their 30 DMA:   AMAT, BIDU, SWKS, INTC, GOOGL, WDC, DXCM, MU, CDW, CMCSA, IDXX, KHC, MAR, TCOM, BKNG, FOXA, FISV, ADP, PAYX, CSX, CDNS, SBUX, ADI, ASML, AVGO, INTU, KLAC, LRCX, MCHP, MTCH, MXIM, NXPI,
 
 
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 10
ADI, ASML, AVGO, INTU, KLAC, LRCX, MCHP, MTCH, MXIM, NXPI,
 
Moving Below 30 DMA = 4
BIIB, ILMN, NFLX, ROST,
 
 
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