Index Breakouts

February 1, 2007 by Douglas A. McIntyre

From Ticker Sense

Yesterday, the Dow and S&P 500 staged breakouts to new highs but failed to close above the highs on January 24th.  This morning, the indices continue to show strength and have again taken out the January 24th highs, but it will be key to watch if they can close above them.  The Nasdaq chart looks a little different and still has about 35 points to go to reach its highs seen in mid January.




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