Gains are dwindling away in the major indices

Technical Analysis

The NASDAQ index traded up as high as 207.30 points. He is now around nine points or 0.06% at 17309.

The S&P index was up as much is 38.72 points. It is now down -15.04 points or -0.27% at 5596.

The NASDAQ index is retesting its 38.2% retracement of the move up from the October 2024 low. That level comes in at 17278.18. That level did a good job of points for back on March 10 through March 14. Staying above would keep the buyers hoping for a bounce into the close.

This article was written by Greg Michalowski at www.forexlive.com.