Stock market direction is neutral and has been active 2 trading sessions.

Comments: for the second session in a row the S&P 500 and Nasdaq Composite finished in the upper end of their intra-day trading ranges with gains of at least 0.9% with Semiconductor stocks leading the way. The support level on the S&P 500 moved up from 1,154 to 1,165 and the resistance level is higher from 1,165 to 1,177 (21 day moving average). The S&P 500 remains below the 21, 50, and 200 day moving averages.

http://btdstockpicks.blogspot.com/