Technical Analysis

S&P tests/breaks (?) key ceiling area

S&P ceiling at 2813.50 to 2817 is being tested

The S&P is up testing/breaking(?) a ceiling at the 2813.50 to 2816.94 ceiling. There have been 5 swing highs in that range going back to October.  A move above would be more bullish (stay above).  We are currently trading at 2817.22 above the level.  Key moment/level. 

For the Nasdaq, the index is testing the Octoebr 17 high at 7669.25. THe high today reached 7669.66.

Nasdaq is testing its October swing high


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