Technical Analysis

S&P and Dow back at session highs

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Nasdaq near day highs as well

Both the S&P and the Dow are making new session highs and extending the record high levels for those indices.

The Dow’s move today took out the end of January 2018 high at 26616. The high today has now reached 25580 (trading there as I type). That is up 275 points on the day. 

For the S&P, the high just extended to 2932.60.  The prior high before today was on August 29 and 2916.50. The low today reached 2919.73. 

The President likes it.  

Earlier today he tweeted:


Trump tends to use the exclamation point way too often (and when it is not really appropriate). This time he has it right. 
ForexLive

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