S&P 500
2003.37
+6.63 +0.33%
Dow Indu
17098.45
+18.88 +0.11%
Nasdaq
4579.40
+21.71 +0.47%
Crude Oil
95.96
+1.29 +1.35%
Gold
1287.510
-1.480 -0.11%
Euro
1.31355
+0.00020 +0.02%
US Dollar
82.734
+0.243 +0.31%
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U.S. STOCK INDEXES

The September NASDAQ 100 closed higher on Friday as it extends this year's rally. The mid-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends this year's rally, monthly resistance crossing at 4258.97 is the next upside target. Closes below the 20-day moving average crossing at 3980.88 would confirm that a short-term top has been posted. First resistance is Friday's high crossing at 4086.00. Second resistance is monthly resistance crossing at 4258.25. First support is the 10-day moving average crossing at 4054.25. Second support is the 20-day moving average crossing at 3980.88.

The September S&P 500 closed higher on Friday as it extends this month's rally. The mid-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the aforementioned rally into uncharted territory, upside targets will be hard to project. Closes below the 20-day moving average crossing at 1959.64 would confirm that a short-term top has been posted. First resistance is today's high crossing at 2003.70. Second resistance is unknown. First support is the 10-day moving average crossing at 1989.04. Second support is the 20-day moving average crossing at 1959.64.

The Dow closed lower on Friday. Today's mid-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow extends the rally off August's low into uncharted territory, upside targets will be hard to project. Closes below the 20-day moving average crossing at 16,787.71 would confirm that a short-term top has been posted. First resistance is Tuesday's high crossing at 17,153.80. Second resistance is unknown. First support is the 10-day moving average crossing at 17,023.07. Second support is the 20-day moving average crossing at 16,787.69.

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