Buyers consume selling pressure
Just as sellers were trying to exert some control in the market, along come buyers to soak up the supply and then add to demand. There wasn't a whole lot of buying volume on Friday, but there was enough to at least leave indices near weekly highs. The Nasdaq didn't close at a new all-time high, but it did enough to pressure the early week high with technicals all net bullish. The relative loss against the Russell 2000 is slowing, but it hasn't yet generated a trigger which would mark relative outperformance