S&P and NASDAQ index trade to new session highs ...Middle East

S&P index is up 14.15 points or 0.23% at 6143.79. Yesterday index closed at a record high. Anything positive today would be a another record high NASDAQ index is up 40 points or 0.20% at 20081

The Dow industrial average is still negative with a decline of -10.54 points or 0.02% at 44547. The Russell 2000 is also marginally lower with a decline of -2.104% or -0.09% at 2288.12.

Looking at the S&P, index on the hourly chart, it is looking to stretch above a topside trend line connecting December and January highs. Get and stay above that trend line with the price trading at new all-time highs, opens the door wide open to the upside.

This article was written by Greg Michalowski at www.forexlive.com.

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