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Trades to a new record high at 7940
The Nasdaq trades at a new record high – moving above the 7933.30 old high from July 25th
The high price extended to 7940 so far. Last week, the price fall stalled at the 50 day MA (white line). That kept the bulls more in control.
The S&P is traing up 14.75 points at 2871.77. The high price today reached 2872.31. The all time high price was reached earlier this week at 2773.23. The high close was back in January at 2872.87.
This article was originally published by Forexlive.com. Read the original article here.