All the hard work is been done by Large Cap and Tech Indices as the Russell 2000 continues to trade below resistance.  Friday's volume was done on previous days and didn't really match the price action relative to those day's gains.  Despite this, the week finished on a positive. The S&P enjoyed another respectable advance, although the sequence of gains has come off the back of no down days for the last couple of weeks. Technicals are net positive and the index is outperforming Small Caps.

There wasn't a whole lot to today's gains but indices did manage to recover intraday losses.   The Nasdaq is comfortably above its breakout support and today's intraday swing barely lost ground.  Technicals are net bullish with no bearish divergene to worry about.  The index is 11.7% above its 200-day MA, which is outside of the 85% of historic extremes. 

The Nasdaq didn't lose ground, keeping its breakout run intact. Technicals are net positive with no bearish divergence to be concerned about.

There wasn't a whole lot of change on Friday, although the breakouts established in the S&P and Nasdaq held.  The rarity of triple tops was confirmed by the third attempt by the Nasdaq to break resistance as it did during the summer of 2020.  The breakout was established with a confirmation in On-Balance-Volume 'buy' signal and a relative performance advantage over the S&P