Fireworks…
S&Ps are trading off the high at 1242. We expect a burst of activity before the early close at 12:15 p.m. Central.
Earlier, we made it above the recent high at 1241 to post an intraday high of 1244. Lows also have been progressively higher intraday.
NASDAQ trading at 1845, just below the key area of 1850. We expect a pick up in activity toward the close.
Earlier, NASDAQ continued its grind higher and was able to fill the gap at 1842.50.