U.S. STOCK INDEXES The Dow closed modestly lower on Friday. The low-range close sets the stage for a steady to slightly lower opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling sideways to higher prices are possible near-term. If the Dow extends this month's rally into uncharted territory making upside targets hard to project. Closes below the 20-day moving average crossing at 31,041.99 would signal that a short-term top has been posted. First resistance is today's high crossing at 31,647.53. Second resistance is unknown. First support is the 20-day moving average crossing at 31,041.99. Second support is the 50-day moving average crossing at 30,719.53. The March NASDAQ 100 closed lower on Friday as it extended the decline off Tuesday's high. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 13,497.90 would signal that a short-term top has been posted. If March extends the rally off September's low into uncharted territory, upside targets will be hard to project. First resistance is Tuesday's high crossing at 13,900.50. Second resistance is unknown. First support is the 20-day moving average crossing at 13,497.90. Second support is the 50-day moving average crossing at 13,066.68. The March S&P 500 closed lower on Friday as it extends the decline off Tuesday's high. The low-range close sets the stage for a steady to lower 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 into uncharted territory, upside targets will be hard to project. Closes below the 20-day moving average crossing at 3856.79 would signal that a short-term top has been posted. First resistance is Tuesday's high crossing at 3959.25. Second resistance is unknown. First support is the 20-day moving average crossing at 3856.79. Second support is the 50-day moving average crossing at 3781.95. 
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