It was a pretty quiet day today which ended with gains of about 0.1% for the indices I track. Volume increased above last week’s holiday levels but was still on the light side. I’m always suspicious of low volume rises and this time is no different, especially for the S&P 500 which has been making lower highs and lower lows for the last month or so.
The Russell is also range-bound…
The Nasdaq pushed to a new high last week and isn’t looking back.
Trend Table
No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Up | Up |
| Short-term | Up | Up | Up |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
