Technical View: Nasdaq, S&P 500 Positioned for New All-Time Highs This Week

From Investing.com: 2025-02-17 23:56:00

The closed above 20,000, making a push towards all-time highs. Technicals are positive, marking the best of Friday’s action.

The stayed above 6,050 support on low volume, underperforming the Nasdaq. This could prove bullish for the index in the long run.

The remained near its 20-day and 50-day MAs, with bearish technicals except for stochastics.

The pushed inside the breakdown gap, showing potential for a vacuum effect in the trading range.

Looking ahead, clear breaks to new highs in the and S&P 500 are hoped for to reassert the bull market.



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