S&P 500 INDEX has formed triangle formation in daily chart, sharp movement expecting once it comes out from its formation.
S&P 500 INDEX
- Index has formed triangle formation in daily chart, sharp movement expecting once it comes out from its pattern.
- S&P 500 Index is currently moving up from strong trend line support zone @ 1980, as long as holds above bulls will be favored.
- Index also holding above 200 DMA, this indicates bulls will be favored.
- Close watch as per line analysis, Index will find strong resistance around 2050, 2065 & 2093. Once it closes and holds above its resistance then further price rise can be seen in coming days.
- Free stock charts.
Nasdaq Composite Update - 17- 03 -16
Market Close Report: NASDAQ Composite index closes at 4,774.99 up 11.02 points.
Thursday's session closes with the NASDAQ Composite Index at 4,774.99. The total shares traded for the NASDAQ was over 1.85 billion.
Advancers stocks led declining by 2.17 to 1 ratio. There were 1954 advancers and 901 decliners for the day. On the NASDAQ Stock Exchange 42 stocks reached a 52 week high and 30 reaching lows.
The NASDAQ 100 index closed down -.09% for the day; a total of -3.94 points. The current value is 4,400.26.
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