Up 61% on the day
The S&P index has just extended to a new session high reaching 2851.76. The index last week tested swing highs at 2817 area. This week the index is moving away from that old swing high area.
The next target on the daily is up at the 2863-2873 area. That area was home to swing highs and swing lows back in August, September and October. The 2873 area was the high going back to January 2018 (which was breached in August 2018 as it reached for new record highs).
The Nasdaq is also making new session highs at 7767.89, up 0.69% (up 52 points). The Dow is up 183 points at 26097. The high extended to 26109.
