Daily Market Commentary: Close Near Friday's Highs

The week started quietly with indices finishing near last Friday's highs. Volume was light, in line with vacation trading.


The Nasdaq continued its impressive run technically, despite its minuscule 0.01% loss on the day.


Nasdaq sentiment picked up steam with the Percentage of Nasdaq Stocks above the 50-day MA rising above 60%.


The Russell 2000 remains nicely primed to clear 820.


Only the volatility index (VXN) gives an indication things may get a little rocky in the days ahead.


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