SPX, DJI, NDX All-time Closing Highs...NDX Nears All-time Intraday High...

© 2021
 
 
The DJI +297.03, +0.89%, closed at 33,800, a new all-time high.  UNH, HON, CRM and HD were the largest point gainers on Friday.
 
NDX +86.55, +0.63%, is a horizontal resistance breakout setup, an all-time closing high.
SPX +31.63, +0.77%, ended at 4,128, a new all-time high.
 
TSLA -0.99%, paused at support, did not confirm Thursday’s bullish harami with a close above the harami. Still a channel bounce continuation setup.
 
SPY = all-time closing high
DIA = all-time closing high
QQQ = HBO setup, MSFT, GOOGL, INTC, ROST,  = new high 
IWM = bull flag setup
 
 
Seven of eleven sectors were higher on Friday, led by XLV, XLI and XLK.
 
Healthcare leaders: CI, UNH, ZBH, ALGN
Industrials leaders: HON, CPRT, WAB, PWR
Technology leaders: IPGP, CRM, AAPL, HPQ
 
SPY up 2.19 at 411.49, on 61.1 million shares, below average volume, up on higher volume.
VIX down .26 at 16.69
 
HON, UNH, CRM, AAPL led the DJIA, 22 advancers, +7
PVH, TPR, CI, GPS led the SPX, 361 advancers.
MRNA, ALGN, CPRT, OKTA led the NDX, 55 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: DIA, SPY, QQQ, IWM,
Down:
 
Advancers weakened on Friday as advancers led 1,823 to 1,475 on the NYSE and decliners led 2,283 to 1,907 on the NASDAQ.
 
The SPY MFC green line is flat at 98.5 and is bullish.  Be prepared and watch beginning on Monday, for a counter trend bull flag pullback.  Price action is an all-time new high.
 
 
Uptrend sectors:  XLP, XLI, XLY, XLK, XLB, XLRE, XLC, XLF, XLU, XLV, XLE,
Neutral sectors: 
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
 
55 of 100 NDX stocks closed higher on Friday.
 
83 NDX stocks are above their 30 DMA:   KHC, ADP, ORLY, CSCO, AEP, XEL, AMAT, EXC, FB, MDLZ, CTSH, WBA, SIRI, TXN, FAST, AMGN, DLTR, PEP, CSX, MNST, COST, ASML, CERN, CDW, NXPI, SBUX, ADBE, BKNG, EBAY, GILD, INTC, KLAC, LRCX, REGN, ROST, SWKS, VRSK, VRSN, EA, TMUS, MRVL, ADI, ADSK, ALGN, ANSS, CDNS, CTAS, GOOGL, ISRG, MCHP, MSFT, MXIM, NVDA, SNPS, AAPL, AMD, AMZN, ATVI, AVGO, CPRT, FISV, INTU, MU, NFLX, QCOM, WDAY, WDC, XLNX, CHKP, DXCM, PYPL, TSLA, MELI, PTON, ALXN, DOCU, IDXX, LULU, OKTA, PAYX, SPLK, MRNA, TEAM,
 
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 2
MRNA, TEAM,
 
 
Moving Below 30 DMA = 2
INCY, MAR,
 
 
Add Comments here: