Friday's Gains Closes Week On Positive Note
It was a positive finish to the week with indices undoing Thursday's losses. All markets are well placed to post gains. The Nasdaq is working on a bullish handle trading above the last swing high.
The S&P is running in the upper part of its trend range, with the 20-day MA coming up to lend support. Technicals have seen a new 'sell' trigger in the MACD, but other technicals are positive.
The Russell 2000 had the best of the action as it continued to eat into last week's losses without. Friday's gain was enough to see a new MACD 'buy' signal.
Disclaimer: Investors should not act on any information in this article without obtaining specific advice from their financial advisors and should not rely on information herein as the primary basis ...
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