The S&P 500 rallied significantly on Friday as we are continuing to see a lot of noisy behavior in this market, but a lot of chasing each dip that occurs.
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The FTSE 100 tried to rally during the trading session on Thursday but continues to struggle near the all-time high.
The S&P 500 has pulled back during the trading session on Thursday to show signs of weakness at the 4700 level yet again.
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The NASDAQ has broken down a bit during the trading session on Thursday to break towards the 16,150 level.
The NASDAQ 100 went back and forth on Wednesday as the 16,500 level continues to see a lot of resistance.
The S&P 500 rallied ever so slightly on Wednesday as we continue to see a little bit of noisy behavior right around the 4700 level.
The DAX Index rallied a bit to kick off the day on Wednesday but gave back gains rather quickly.
The S&P 500 rallied significantly on Tuesday to show extreme strength as we rocketed towards the 4700 level.
The CAC 40 Index acted like it was shot out of a cannon on Tuesday, gapping higher and then closing at the very top of the range.
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The DAX Index shot higher on Tuesday, breaking above the resistance barrier at €15,500, followed by a break of the 50-day EMA at the €16,680 level, and closing at the very top of the massive meltdown candlestick from last week.
The NASDAQ 100 shot straight up in the air on Tuesday as fears of the omicron variant have abated.
The DAX Index rallied a bit on Monday to show signs of life as the 200-day EMA has stepped back into the picture.
The NASDAQ 100 initially fell on Monday, but then bounced from the uptrend line that I have marked on the chart.
The S&P 500 was rather noisy on Monday, reaching to break above the 4600 level at one point.
The FTSE 100 went back and forth as we slammed into the 7200 level.
