Improving Economy Pushes March S&P through Resistance |
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Signs of improvement in the U.S. economy helped the March E-mini S&P 500 push through recent resistance at 1112.75 to turn the main trend to up. The strong close in the Dow has this average in a position to challenge the last main top at 10434. Strong demand for technology stocks helped drive the March NASDAQ through the recent main top at 1833.00. Although the indices were up overnight, it took a better than expected economic report to set off Tuesday’s rally. The surprise this
Filed under: Technical
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