S&P 500 Index is on the verge of bullish breakout as its is now finding strong trend line resistance or we can say its finding resistance at its previous top, once Index closes and holds above its previous top then further price rise can be seen in coming days. Index also moving up from 100 DMA technical indicates bulls will be favored as long as it holds above its 100 DMA.
On Friday the 24th April 2015, S&P 500 has closed at its record as Amazon and Microsoft Corporation surged, stock amazon made a huge jump of 14% and Micorsoft surged by 10.5% as it beats its Q3 by market estimates.