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While buyers continue to emerge on each dip, the NASDAQ 100 saw some buying pressure near the 20-Day EMA after falling initially during the Monday trading session.
The S&P 500 gave back a little bit on Monday morning, but it still finds buyers below to show strength and turn things around.
The S&P 500 finds buyers every time it dips.
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Since there is still a lot of momentum chasing, the NASDAQ 100 continues to attract buyers on dips.
The early hours of Thursday saw a sharp decline in the S&P 500 Index, but it recovered and surged ahead of the New York session.
Early on Thursday during the trading session, the Nasdaq 100 slightly declined, but it has since rebounded from the pivotal 20-day EMA.
It appears that the market's general long-term upward trend is still in place.
It appears that the NASDAQ 100 will continue to rise significantly.
Over the past few months, the NASDAQ 100 has been somewhat of a juggernaut.
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Although there was some quietness in the early hours of Monday, traders are still chasing trades, and the S&P 500 looks extremely robust overall.
NASDAQ 100: Upward trend persists, eyeing 18,500 target. Watch for brief dips and Friday's jobs report impact in a strong rally environment.
The S&P 500 rebounded on Friday, and the general outlook remains positive.
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We would not be a seller of this market but do suspect that we will probably get a little bit of a pullback. Find out why.
The S&P 500 is still trading close to its highs.
The S&P 500 is still behaving erratically; it marginally declined during Tuesday's midnight trading hours before turning around and showing some life.