Technical Analysis

S&P 500 rises above 2600 for the fist time since December 14

US shares climb above key degree

There have been many eyes on 2600 within the S&P 500 up to now month. it was the October low and it was the extent the place shares rolled over in mid-December.

A break (and shut) above it will be a technical win for shares. The 55-day transferring common at 2634 is the subsequent degree to look at. The index is up 21 factors to 2604 at the moment because the market brushes off poor outcomes from JPM and Wells Fargo.

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