U.S. STOCK INDEXES The Dow closed sharply higher on Monday and in doing so posted a new all-time high. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow extends the rally off January's low into uncharted territory, upside targets hard to project. Closes below last-Thursday's low crossing at 30,547.53 would confirm that a short-term top has been posted. First resistance is today's high crossing at 32,148.04. Second resistance is unknown. First support is last-Thursday's low crossing at 30,547.53. Second support is January's low crossing at 29,856.30. The June NASDAQ 100 closed sharply lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If June extends the decline off February's high, the 25% retracement level of the 2020-2021-rally crossing at 12,146.81 is the next downside target. Closes above the 20-day moving average crossing at 13,253.28 would signal that a short-term low has been posted. First resistance is the 10-day moving average crossing at 12,874.45. Second resistance is the 20-day moving average crossing at 13,253.40. First support is last-Friday's low crossing at 12,200.00. Second support is the 25% retracement level of the 2020-2021-rally crossing at 12,146.81. The June S&P 500 closed slightly higher on Monday as it extended the rally off last-Thursday's low. The mid-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If June resumes the decline off February's high, February's low crossing at 3656.50 is the next downside target. Closes above the 20-day moving average crossing at 3869.14 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 3869.14. Second resistance is February's high crossing at 3947.75. First support is last-Thursday's low crossing at 3710.50. Second support is February's low crossing at 3648.00. 
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