Learn the trade here. Make it on tradeMONSTER

Trading News

August 16, 2012  Thu 12:14 AM CT

SPX: SEE CHART GET CHAIN
The major equity indexes managed to close in positive territory yesterday, ending another lackluster session that left technical levels largely intact.

The S&P 500 spent the day consolidating around the 1404 level before finishing higher by 1.60 points, or 0.11 percent, at 1405.53.

The Nasdaq 100 rose 7.68 points, or 0.28 percent, to settle at 2735.47.

The small-cap Russell 2000 outperformed its large-cap peers, gaining 7.38 points, or 0.93 percent, to close back above the 800 level at 804.26.

S&P 500
Resistance is now 1406, followed by 1407.98, 1410, and 1415.
Support is now 1405, followed by 1404.25, 1400.60 (Tuesday's low), and 1397.50.
Nasdaq 100
Resistance is now 2737.89, followed by 2742.83 (Tuesday's high), 2750, and 2756.
Support is now 2730, followed by 2522.50, 2711, and 2700.
Russell 2000
Resistance is now 804.55, followed by 805, 808, and 810.
Support is now 804, followed by 802.22, 800, and 798.50.


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