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Good afternoon, Elliott Wave fans. I’m T-Squared with Market Minute for Friday, January 17th.
The Dow Industrials, S&P 500 and Nasdaq Composite finished the week strong, each closing at a new all-time high. For the latest wave counts, sentiment profile and a history of an accommodative Fed, check out tonight’s Short Term Update.
The Dow Industrials closed at 29,348.10, up 50.46.
The S&P 500 closed at 3329.62, up 12.81.
The NASDAQ Composite closed at 9388.94, up 32.63.
1458 stocks closed up while 1409 closed down. TRIN was 0.98.
E-mini S&P futures topped out at 3330.25, had a low of 3319 and closed at 3324.25. E-mini Nasdaq futures hit a high of 9189.25, a low of 9130 and closed at 9173.50.
In late trading:
T-bond futures were down 20/32 at 157^16.
The US Dollar index was up 31 cents at 97.62.
Gold was up 7 dollars at $1,557.50
Silver was up 9 cents at $18.03.
The Dow Industrials, S&P 500 and Nasdaq Composite finished the week strong, each closing at a new all-time high. For the latest wave counts, sentiment profile and a history of an accommodative Fed, check out tonight’s Short Term Update.
Click here!