U.S. STOCK INDEXES https://quotes.ino.com/exchanges/?c=indexes The March NASDAQ 100 closed higher on Friday as it extends the trading range of the past five-days. 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 remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, December's high crossing at 7169.00 is the next upside target. Closes below the 20-day moving average crossing at 6944.74 are needed to confirm that a short-term top has been posted. First resistance is December's high crossing at 7169.00. Second resistance is the 75% retracement level of the October-December-decline crossing at 7280.27. First support is the 20-day moving average crossing at 6944.74. Second support is the 50-day moving average crossing at 6676.29. 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 remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, the 87% retracement level of the September-December-decline crossing at 2865.28 is the next upside target. Closes below the 20-day moving average crossing at 2730.15 would confirm that a short-term top has been posted. First resistance is the 75% retracement level of the September-December-decline crossing at 2789.62. Second resistance is the 87% retracement level of the September-December-decline crossing at 2865.28. First support is the 20-day moving average crossing at 2730.15. Second support is the 50-day moving average crossing at 2626.93. The Dow closed higher on Friday as it extends the rally off December's low. 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 87% retracement level of the October-December-decline crossing at 26,271.97 is the next upside target. Closes below the 20-day moving average crossing at 25,314.01 would confirm that a short-term top has been posted. First resistance is the 87% retracement level of the October-December-decline crossing at 26,271.97. Second resistance is the October 2018 high crossing at 26,951.81. First support is the 20-day moving average crossing at 25,314.60. Second support is the reaction low crossing at 24,883.04.
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