Learn the trade here. Make it on tradeMONSTER

Trading News

July 27, 2012  Fri 12:14 AM CT

SPX: SEE CHART GET CHAIN
U.S. equity indexes snapped a four-day losing streak yesterday, rallying sharply on optimism over remarks by the European Central Bank on the Eurozone credit crisis.

The S&P 500 jumped 22.13 points, or 1.65 percent, to close at 1360.02. The Nasdaq 100 leapt 35.65 points, or 1.4 percent, to finish at 2584.85.

The Russell 2000 gained 7.80 points to close at 777.11, a gain of 1.01 percent.

S&P 500
Resistance is now 1361.03, followed by 1363.13, 1365, and 1370.50.
Support is now 1359.58, followed by 1355, 1353.82, and 1345.89.
Nasdaq 100
Resistance is now 2590, followed by 2593.34, 2598.36 (yesterday's high), and 2600.
Support is now 2580, followed by 2571.04, 2563.50, and 2550.
Russell 2000
Resistance is now 778, followed by 778.78, 780, and 781.27 (yesterday's high).
Support is now 776.50, followed by 775.98, 772.36, and 770.


Related Stories

SPX

Stocks attempt to stage a rebound

May 17, 2013

The main catalyst for the buyers appears to be coming from Asia, where Tokyo and Shanghai indexes rallied overnight amid positive Japanese economic data and signs that Chinese authorities will reduce economic regulations.

SPX

Equities are hovering at record levels

May 16, 2013

S&P 500 futures are indicated to open fractionally lower but have been nudging higher throughout the morning. The Nasdaq is up almost two-tenths of a percent after strong numbers from Cisco.

SPX

Equities in range after big gains

May 15, 2013

S&P 500 futures are little-changed, while most European indexes are posting small gains. Asian markets were mostly positive overnight, led by a 2 percent rally in Tokyo.

SPX

Wide range of events on calendar

May 15, 2013

German, France, and Italy will report preliminary gross domestic product numbers early in the morning, which could affect sentiment before the opening bell.

SPX

Another record day on Wall Street?

May 14, 2013

S&P 500 futures are fractionally higher after earlier falling by more than one-tenth of a percent. Europe is also fighting its way back to positive after posting slightly larger declines.

optionMONSTER News

tradeMONSTER: Proactive Investing
stockMONSTER optionMONSTER tradeMONSTER