SPX Higher Open Higher Close in Asymmetrical Bullish Bounce...Technology, Consumer Discretionary, Communication Services Lead all Sectors Higher...

SPY up 6.77 at 410.61 on 89.5 million shares, average volume, closed higher on higher volume.

VIX down 1.12 at 14.17

QQQ up 8.32 at 378.39

INTC, MSFT, CAT, DOW led the DJIA, 26 advancers, +19

HOLX, WBD, AVGO, QRVO led the SPX, 436 advancers

KLAC, LRCX, AMAT, MCHP led the NDX, 94 advancers.

The two-year trend term is down a little.  The one-year trend is up.

Up:  QQQ, SPY, DIA, IWM,

Down: 

All eleven sectors were higher on Friday, led by XLK, XLY and XLC.

The SPY MFC green line is pointed up at 93.4 and is short-term bullish.  SPY opened higher and closed higher.

Uptrend sectors:   XLE, XLC, XLK,

Neutral sectors:  XLF, XLY, XLI, XLB, XLV,

Down trend sectors:  XLU, XLRE, XLP,

The 6-month intermediate trend is up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Down

3-day Short Term Market Trend: Up

94 of 100 NDX stocks closed higher on Friday.

67 NDX stocks are above their 30 DMA:  FAST, MSFT, LULU, NFLX, XEL, DLTR, ORLY, INTC, AEP, AMZN, CEG, CRWD, CTAS, ROST, TMUS, ADBE, ASML, CDNS, DXCM, GEHC, KDP, KLAC, MDLZ, MELI, SNPS, VRTX, AMD, AVGO, EXC, HON, META, MNST, MU, PEP, QCOM, SIRI, AAPL, AMAT, CPRT, EA, KHC, LRCX, NVDA, SBUX, WBD, COST, CSGP, PCAR, PDD, WDAY, ZS, BKNG, DDOG, INTU, MAR, MRVL, VRSK, ADI, ADSK, ANSS, CSX, CTSH, IDXX, ISRG, MCHP, PANW, PAYX,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 10

ADI, ADSK, ANSS, CSX, CTSH, IDXX, ISRG, MCHP, PANW, PAYX,

Moving Below 30 DMA = 0

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