RUT Rises as SPX, NDX, DJI Close Slightly Lower...CAT, ALB, BIDU Lead Indexes...

 
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RUT +2.18% rises on Friday, while SPX, DJI and NDX close slightly lower and above Thursday’s low.
 
NDX -56.74, -0.42%, pulled ack for a fourth day and is a bull flag setup.  SPX -7.26, -0.19%, closed at 3,906, and is also bull flag setup.
 
TSLA -077% fell to 3-week closing low, is above Wednesday’s and Thursday’s low and is forming a MACD bullish divergence setup.
 
Five of eleven sectors were higher on Friday, led by XLB, XLE and XLI. 
 
Basic Materials leaders: ALB, FCX, LYB, MOS,
Energy leaders: HFC, VLO, HES, PSX
Industrials leaders: DE, UAL, URI, AAL
 
SPY down .69 at 390.03 on 83.2 million shares, above average volume, down on higher volume.
VIX down .44 at 22.05
 
CAT, DOW, BA, AXP led the DJIA, 12 advancers, -1
ALB, DE, HFC, FCX led the SPX, 292 advancers.
BIDU, AMAT, FOXA, MXIM led the NDX, 48 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM,
Down: DIA, SPY, QQQ,
 
Advancers strengthened on Friday as advancers led 2,131 to 1,084 on the NYSE and led 2,759 to 1,275 on the NASDAQ.
 
The SPY MFC green line is pointed down at 91.5 and is counter-trend defensive.  Price action is potential three-day bull flag.
 
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 a little
 
48 of 100 NDX stocks closed higher on Friday.
 
64 NDX stocks are above their 30 DMA:   AMAT, ASML, AVGO, BIDU, ILMN, SWKS, NTES, INTC, PDD, KLAC, EBAY, BIIB, PCAR, CTAS, GOOGL, MSFT, MRNA, WDC, DXCM, MELI, MU, NFLX, ATVI, ALGN, ANSS, CDNS, CDW, JD, NVDA, NXPI, OKTA, PYPL, TEAM, TXN, WDAY, ZM, ADBE, CMCSA, INTU, ROST, CTAS, DOCU, IDXX, MCHP, MTCH, SBUX, KHC, MAR, TCOM, ADI, EA, LRCX, BKNG, FOXA, MXIM, CPRT, FISV, ADP, ORLY, PAYX, ADSK, CSX, DLTR, MRVL,
 
 
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 4
ADSK, CSX, DLTR, MRVL,
 
Moving Below 30 DMA = 11
AEP, ALXN, AMZN, CSCO, EXC, FB, MNST, SNPS, VRSK, VRSN, WBA,
 
 
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