Technical Analysis

Shares make new highs. Dow again above 26Ok.

Nasdaq seeking to clos the week above the 200 day MA

The US shares are extending to new session highs and buying and selling at highest ranges for the week as properly.

The Nasdaq moved to a session excessive at 7526.78 and is transferring additional away from the 200 day MA at 7472.08 in the present day.  The index is buying and selling on the highest degree since November.
The S&P index moved to a brand new excessive of 2794.20. That may be a new excessive for the week and trades on the highest degree since December third.  The excessive on that day reached 2800.18. That’s the subsequent key goal. The 200 day MA is again down at 2747.52. S&P moves to new week highs
The Dow moved above the December excessive at 25980, trades above the 26000 degree and trades on the highest degree since November ninth.
Dow trades above 26000
The indices have come off as I sort a bit, however keep sturdy beneficial properties.   

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