S&P 500
1994.99
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Dow Indu
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Nasdaq
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U.S. STOCK INDEXES

The March NASDAQ 100 closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, January's low crossing at 4041.50 is the next downside target. If March renews the rally off January's low, December's high crossing at 4322.00 is the next upside target. First resistance is last Friday's high crossing at 4286.25. Second resistance is December's high crossing at 4322.00. First support is Thursday's low crossing at 4095.75. Second support is January's low crossing at 4041.50.

The March S&P 500 closed lower on Friday and are poised to post the largest monthly decline in a year. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, January's low crossing at 1971.40 is the next downside target. If March renews the rally off January's low, December's high crossing at 2088.70 is the next upside target. First resistance is last Friday's high crossing at 2062.00. Second resistance is December's high crossing at 2088.70. First support is Thursday's low crossing at 1982.50. Second support is January's low crossing at 1971.40.

The Dow closed lower on Friday. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. If the Dow extends this month's decline, the 50% retracement level of the October-December-rally crossing at 16,979.80 is the next downside target. Closes above the 20-day moving average crossing at 17,550.48 would confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 17,550.48. Second resistance is last Thursday's high crossing at 17,836.04. First support is December's low crossing at 17,067.59. Second support is the 50% retracement level of the October-December-rally crossing at 16,979.80.

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