Indexes Higher But Surrender Early Gains

Equity Indexes pushed higher for a second day, but once again surrendered early gains. The VIX also ended the session higher.

The S&P 500 gained 3.21 points to finish at 1638.17. It had climbed above 1646 by mid-day, but then slid into the close. It again hit resistance at its 10 day moving average, which it’s been below the last three weeks. It has resistance at 1670 and support at 1600.

The Nasdaq 100 was up 21 points to close at 3093.36. It did finish above its 10-day moving average, but below its 20 day. Resistance is at 3149 and support at 3030.

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