U.S. STOCK INDEXES https://quotes.ino.com/exchanges/?c=indexes The March NASDAQ 100 closed sharply higher on Friday underpinned by President Trump's announcement that he would agree to a temporary truce to allow for the government to re-open while a broader deal on securing the border is agreed. President Trump said he would back a three-week end to the government shutdown. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bullish with today's rally signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, the 62% retracement level of the October-December-decline crossing at 7023.35 is the next upside target. Closes below the 20-day moving average crossing at 6547.71 are needed to confirm that a short-term top has been posted. First resistance is the reaction high crossing at 6897.00. Second resistance is the 62% retracement level of the October-December-decline crossing at 7023.35. First support is the 20-day moving average crossing at 6547.71. Second support is the reaction low crossing at 6136.50. The March S&P 500 closed higher on Friday. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are overbought but are turning neutral to bullish with today's rally signaling that sideways to higher prices are possible near-term. If March resumes the rally off December's low, the 62% retracement level of the September-December-decline crossing at 2706.38 is the next upside target. Closes below the 20-day moving average crossing at 2576.35 would confirm that a short-term top has been posted. First resistance is the reaction high crossing at 2683.00. Second resistance is the 62% retracement level of the September-December-decline crossing at 2706.38. First support is the 20-day moving average crossing at 2576.35. Second support is the reaction low crossing at 2439.00. The Dow gapped up and closed higher on Friday and renewed the rally off December's low in response to today's announcement by the President to temporally halt the government shut down. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow extends the rally off December's low, the 62% retracement level of the October-December-decline crossing at 24,965.15 is the next upside target. Closes below the 20-day moving average crossing at 23,855.45 would confirm that a short-term top has been posted. First resistance is the 62% retracement level of the October-December-decline crossing at 24,965.15. Second resistance is the 75% retracement level of the October-December-decline crossing at 25,661.68. First support is the 10-day moving average crossing at 24,351.80. Second support is the 20-day moving average crossing at 23,885.74. 
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