Nasdaq up 9 straight days

Increased confidence of a healthcare solution (if you can call it that) sent the 3 major indices to record highs.

  • The S&P closed up 13.22 points or 0.54%
  • The Nasdaq closed up 40.78 points or 0.64%
  • The Dow closed up 66.02 points or 0.31%

So records for all.

For the S&P, the index closed above a topside trend line at 2468.42. Not only are we at all time highs but the price broke above topside resistance. That is bullish no matter how you slice it.

You cannot ignore the price action.