S&P 500 Index moving up from support zone and is now on the verge of bullish breakout as it is finding strong trend line resistance at its previous top, bulls will be favored once it closes and holds above.
So far its major trend indicators are moving positive this will favor bulls.
DOW JONES
INDUSTRIAL AVERAGE (DJIA)
Dow Jones index technical analysis chart indicates that it is moving up from 200 days moving average and now finding strong trend line resistance at its previous top, further strength can be seen once it closes and holds above its trend line resistance.
Its major trend indicators are now moving in positive zone this will favor bulls.
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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