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S&P 500 at 3 Weeks High~ SPY, DIA, QQQ, & IYT

Kristin Alonzo

18-Apr-2018 08:43 AM

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The stock market has risen back above the 20 & 50-day moving average, as of yesterday's closing, the current support is now at 100 DMA, also trading at 3 weeks high.  The S&P 500 & Dow Jones exhibited an orderly rally printing a smooth technical uptrend, while the Technology & Transport sector recent spikes in pushes it in an extended move.  The stock market reading is back to Bullish levels.

Here is the 13 days snapshot of technical:

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