Nasdaq string broken at 10 days

The Nasdaq string of higher closed was broken at 10 days. The index fell today by a modest -0.04%. The S&P and Dow were also marginally lower today.

More specifically:

  • The S&P is ending down -0.91 points or -0.04%. Yesterday the index also declined by a small amount (-0.02%). The closing value is 2472.54. The index managed to close above a topside trend line at 2470.51 (see earlier post) after being below it for most of the trading day (the low reached 2465.06).
  • The Nasdaq string was broken but the index was only lower by -2.25 points or -0.04% at 6387.75. The low reached 6365.11 today. The high is near the close at 6388.77.
  • The Dow fell by -31.71 points, down -0.15% to 21580.07.

For the week, the Nasdaq led the charge higher. The Dow ended lower.

  • The Nasdaq rose by 1.19%
  • The S&P rose by 0.54%
  • The Dow fell by -0.27%