Near Term Trend: Positive
Friday’s Close: 4,589.43 (+ 69)
UPDATE: The Index rebounded mightily from the Brexit vote, and continued on its bullish journey this past week to break out, slightly above our key resistance region of 4,599.00, by posting a high last Thursday of 4,610.00.
Can it sustain this heated rally?
By all accounts, the Index is overbought on a near term basis.