The S&P rally was on low volume but recent volume has been light. Look for resistance when the rising channel meets the falling 50-day MA (currently at 1,248).
The Nasdaq is running closer to 2,616 resistance (June swing low) in addition to channel (and 'bull trap') resistance. It will likely find it harder to follow through on gains tomorrow than the S&P.
The Russell 2000 enjoyed the biggest gain on the day but ironically is still the furthest away from challenging its bull trap. The push into speculative stocks is a positive.
For tomorrow, watch for a channel breakout in the semiconductor index which could help the Nasdaq push into its 'bull trap' and mount a challenge of 2,616. Could be a critical day for the index.
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