Markets Move Higher on Thursday

DJIA + 85.73, +0.67% SP500 + 8.89, +0.64% NASDAQ Comp. + 23.71, +0.99% Russell 2000 + 8.96, +1.27% Markets rallied for the second day in a row on Thursday. The DJIA is holding above support. The S&P and Nasdaq Composite both touched resistance today but failed to close above resistance. The Russell 2000 continues to hold a few points below resistance. The Nasdaq short-term market trend is up but the other indices are still neutral. Watch Friday’s action fro potential shift. Intermediate Term Market Trend: Neutral Short Term Market Trend: Neutral Due to workshop and travel schedule on Thursday watch for a more complete commentary on Friday and over the weekend.