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New record highs for SPX and NDX

EQUITIES
  • A slightly below than expected open for the SPX and the NDX, although the SPX has registered a new record, the NDX lagged, but is now making a new record high.
  • Next upside resistance in SPX is at 5580.00 - 1.00 projection of the Apr 19 - May 23 - May 31 price swing, followed by 5600.00 handle.
  • NDX would see 20579.22 - 1.236 projection of the Apr 19 - May 23 - May 31 price swing.

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