SPX Closes Higher after Higher Open Trading Range...Sectors Stronger Led by Energy, Utilities, Communicattion Services...

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The SPX +6.35 opened higher, rallied, pulled back after the first hour of trading and still closed higher for the day forming a higher high and higher low on Friday.

Breadth was stronger on Friday but remained slightly negative.

Mega caps MSFT, GOOGL, AAPL, AMZN, rose and META, TSLA, NVDA fell on Friday.

SPY up .67 at 445.52, on 62.0 million shares, below average volume, closed higher on lower volume.

VIX down .56 at 13.84

QQQ up .52 at 372.58

AMGN, MSFT, DIS, GS led the DJIA, 19 advancers, +5

PARA, DINO, VLO, WRK led the SPX, 263 advancers

MAR, GILD, WBD, GFS led the NDX, 47 advancers.

The two-year trend term is sideways.  The one-year trend is up.

Up:  DIA, SPY, QQQ,

Down:  IWM,

Seven of eleven sectors were higher on Friday, led by XLE, XLU and XLC.

The SPY MFC green line is pointed down at 54.4 and is short-term defensive.  SPY opened higher, pulled back, and closed slightly higher.

Uptrend sectors:   XLE, XLV, XLC, XLF, XLI, XLY, XLB, XLK,

Neutral sectors:  XLRE, XLP, 

Down trend sectors: XLU,

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

47 of 100 NDX stocks closed higher on Friday.

50 NDX stocks are above their 30 DMA:  CEG, ROST, FANG, CSCO, GOOGL, REGN, CTSH, ODFL, BKR, INTU, SGEN, VRSK, ADBE, AMAT, CDNS, TEAM, WDAY, BKNG, CTAS, KLAC, MELI, PANW, SNPS, AMZN, INTC, MU, NFLX, ORLY, PDD, ANSS, ON, ZM, ZS, CRWD, LULU, CSGP, MSFT, ABNB, TSLA, TTD, AMGN, EXC, FTNT, TMUS, CHTR, COST, DDOG, GFS, MAR, PCAR,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 6

CHTR, COST, DDOG, GFS, MAR, PCAR,

Moving Below 30 DMA = 2

ADP, NVDA,

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