S&P 500
2348.45
+4.43 +0.19%
Dow Indu
20661.30
-6.71 -0.03%
Nasdaq
5822.64
+28.81 +0.49%
Crude Oil
48.42
+0.38 +0.79%
Gold
1246.935
+1.935 +0.16%
Euro
1.079200
+0.000790 +0.07%
US Dollar
99.760
+0.036 +0.04%
Strong

Market Commentary and Analysis

Trader's Blog

Oil And Health Bill Vote Drag The Markets Down

12 hours ago

Freeport-McMoRan's Consolidation Reached Trend Support

15 hours ago

Gold Stocks for All Risk Appetites

1 day ago

U.S. Dollar Slips As Stocks Fluctuate

2 days ago

Issue #12: Trump's Love-Hate Relationship With Pharma, Amgen Promises Jobs and Sector Earnings Underway

2 days ago

Currencies | Energy | Food | Grains | Indexes | Interest | Livestock | Metals

INO.com’s Daily Market Analysis

It’s free, informative, and will help you prepare and plan for the next trading day, while getting a jump on changing market conditions.

Privacy Policy

U.S. STOCK INDEXES

The June NASDAQ 100 was lower overnight as it extends Tuesday's key reversal down. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If June extends this week's decline, the 50-day moving average crossing at 5244.28 is the next downside target. Closes above the 10-day moving average crossing at 5387.52 are needed to confirm that a short-term low has been posted. First resistance is Tuesday's high crossing at 5441.00. Second resistance is unknown. First support is the overnight low crossing at 5315.00. Second support is the 50-day moving average crossing at 5244.28.

The June S&P 500 was lower overnight as it extends Tuesday's huge decline. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices near-term. If June extends this week's decline, the 50-day moving average crossing at 2320.44 is the next downside target. Closes above Tuesday's high crossing at 2378.20 would temper the near-term bearish outlook. First resistance is March's high crossing at 2395.00. Second resistance is unknown. First support is the overnight low crossing at 2332.80. Second support is the 50-day moving average crossing at 2320.44.

© Copyright INO.com, Inc. All Rights Reserved.