Why the closing level of the S&P 500 matters via ForexLive

The stock market has risen in 8 of the past 10 days and is battling for another day of gains. The index is at 1992 after falling as low as 1984.

A weekly close above the previous record high of 1991.39 would be a positive technical signal.

S&P 500 daily

posted via ForexLive