DJI, SPX, RUT New All-time Closing Highs,

  
© 2021
 
The DJI +188.57, +0.58% closed at 32,485 a new all-time closing high.  BA, MSFT, CRM and NKE led the DJI on Thursday.
 
NDX +300.83, +2.36% was a channel bounce continuation on Thursday.
SPX +40.53, +1.04%, closed at 3,939, an all-time closing high.
 
TSLA +4.72%, gapped up and closed higher on Thursday.
 
Eight of eleven sectors were higher on Thursday, led XLK, XLC and XLY. 
 
Technology leaders: ENPH, XLNX, NOW, QRVO
Communication Services leaders: TWTR, VIAC, NFLX, TTWO
Consumer Discretionary: ETSY, TSLA, MGM, CMG
 
SPY up 3.95 at 393.53 on 86.2 million shares, average volume, up on lower volume.
VIX down .65 at 21.91
 
BA, NKE, MSFT WBA led the DJIA, 17 advancers, -9
FCX, ENPH, ETSY, ALGN led the SPX, 298 advancers.
PDD, MELI, MRNA, MRVL led the NDX, 85 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ, IWM, SPY, DIA,
Down:  
 
Advancers strengthened on Thursday as advancers led 2,429 to 857 on the NYSE and led 3,268 to 870 on the NASDAQ.
 
The SPY MFC green line is pointed up, rose 11.9 to 71.7 and is bullish.  Price action is a horizontal breakout setup.
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Uptrend sectors:  XLF, XLE, XLI, XLC, XLB, XLK, XLY, XLV,
Neutral sectors:  XLRE, 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: Up
 
85 of 100 NDX stocks closed higher on Thursday.
 
40 NDX stocks are above their 30 DMA:   WDC, CDW, CMCSA, KHC, MAR, TCOM, BKNG, FOXA, FISV, ADP, SBUX, ORLY, CSCO, CSX, CTAS, INTC, PAYX, TMUS, AEP, DLTR, ROST, XEL, AMAT, EXC, FB, GOOGL, MDLZ, PCAR, CHTR, CTSH, MNST, WBA, INTU, MTCH, MU, NXPI, SIRI, TXN, VRTX, WDAY,
 
 
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 8
INTU, MTCH, MU, NXPI, SIRI, TXN, VRTX, WDAY,
 
Moving Below 30 DMA = 0
 
 
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