Nasdaq, S&P 500 Eye New Highs; Russell 2000 Remains Indecisive

Gains in the Nasdaq were enough to reverse the 'sell' trigger in On-Balance-Volume, returning the index to a net bullish technical picture.Friday's action had suggested a more sustained period of selling was coming; yesterday's action reversed that by closing above Friday's high - negating the significance of the indecisive doji.But, because the index is range-bound, it may not deliver on this promise. Day traders should watch morning/pre-market action closely for leads.

For today, we may see some form of consolidation for the Nasdaq and possibly the S&P 500 too. If there is a gain, look to the Russell 2000 to lead, and if it does, there may be enough momentum to see further gains in the Nasdaq and S&P 500.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nasdaq, S&P 500 Primed for Further Gains but Russell 2000 Remains Range-BoundStocks Analysis by Declan Fallon covering: S&P 500, US Small Cap 2000, iShares Russell 2000 ETF, NASDAQ Composite. Read Declan Fallon's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

S&P 500, Nasdaq Need to Hold Breakout Support; Russell 2000 Weakness WorrisomeStocks Analysis by Declan Fallon covering: S&P 500, US Small Cap 2000, iShares Russell 2000 ETF, NASDAQ Composite. Read Declan Fallon's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Nasdaq Surge Could Pull S&P 500, Russell 2000 Higher TodayStocks Analysis by Declan Fallon covering: S&P 500, US Small Cap 2000, iShares Russell 2000 ETF, NASDAQ Composite. Read Declan Fallon's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Dow Drops Back While Nasdaq 100 hits new High, and Russell 2000 Pushes Towards April HighWhile the Dow is struggling to hold above 40,000, the Nasdaq 100 has hit a fresh high ahead of Nvidia earnings this week. The Russell 2000 is still below the April high
Source: DailyFX - 🏆 305. / 63 Read more »