NASDAQ jumps above 20k mark; S&P nears record close

Technical Analysis

The NASDAQ index has moved back above the 20,000 level reaching a high of 20,006.26. The last time the price was above 20,000 was back on February 24. The high price that day reached 20,118.61 before rotating lower and closing below the 20,000 level at 19,954.30.

At the same time, the S&P is back above the highest closing level at 6118.71. It is currently trading at 6120.26.

The highest closing level for the NASDAQ index is at 20173.89 back on December 16.

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