The stock market rally on Friday was impressive - turning early-session declines into solid gains by the close. But Jonathan Krinsky, technical strategist at BTIG, reckons the S&P 500 will still drop back to test its 200-day moving average in the coming weeks.

Nvidia (NVDA) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, NVDA crossed above the 200-day moving average, suggesting a long-term bullish trend.