S&P, DOW and Nasdaq After the First Week of Trading in 2021

With the first full week of trading completed in 2021, we’ll review where the major markets ended in relation to technical levels.

Specifically, we’ll focus in on 6 markets:
1. S&P 500
2. DOW
3. Nasdaq
4. Russell 2K
5. Gold
6. Bonds

In the 4 major indices, we’ve tagged major Fibonacci extensions. While the S&P and Russell has hit its 1.272% extension, the Nasdaq has tagged its 2.00% extension. The DOW, on the other hand, has yet to hit any major extension from the Feb-March 2020 swing.

For

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