Courtesy of Declan Fallon
The Nasdaq 100 and Nasdaq pushed away from support, building on its breakout. Technicals are also net bullish across both indices.
However, the S&P and Russell 2000 haven’t yet followed the lead of the Tech indices, although the S&P may have hinted at a breakout.
It looks like there is still more to come for this rally. Will the S&P make its break Wednesday?
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Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com. You can read what others are saying about Zignals on Investimonials.com.