U.S. Market
The U.S. market remains in a Confirmed Uptrend. The S&P 500 and Nasdaq rose 1.9% and 2.0%, respectively, for the week. Indices are still testing resistance near 5,970/19,200 and have immediate support at their rising 21-DMA (5,802/18,617). The distribution day count remains at three and two, respectively.