The S&P was unable to break from its consolidation:
The semiconductor index was able to defend breakout support of 534.5, which had knock on bullish impact on the Nasdaq and Nasdaq 100.
Tomorrow could see more of the same, although bulls have another opportunity to push higher with bears having failed to make any headway today.
---
All Contributions Welcome - Thank You!
Follow Me on Twitter
Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com.
You can read what others are saying about Zignals on Investimonials.com.
JOIN ZIGNALS TODAY - IT'S FREE!