The DJIA reached a new high, but the way the it hit resistance at 12,000 as well as support, and nothing at 13,000, I will be surprised if it blows by 14,000 as well, especially when you look at what the indexes are doing. As earnings come in we will see it the highs can be maintained.
The S&P 500 has a very similar situation.
The Nasdaq is at the top of its channel. We will see if it can stay there or if it will just drift higher of back to the middle.
The Russell 2000 is trying to make new highs. Monday will be a day to see if it will.
The Nasdaq is at the top of its channel. We will see if it can stay there or if it will just drift higher of back to the middle.
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