Indices finish the week up 0.45% but remain sandwiched between 100-hour and 200-hour moving averages, signaling neutral bias.
The Nasdaq and S&P 500 ended Friday with modest gains of around 0.45%, capping a week of technical indecision. Both indices closed between their 100-hour and 200-hour moving averages, leaving traders awaiting a breakout for directional clarity.
The S&P 500 held near all-time highs from its August rally, while the Nasdaq lagged below its early June peak. A move below the 200-hour average could trigger bearish momentum, while a break above the 100-hour would favor bulls.
The Dow Jones Industrial Average outperformed, closing up 0.98% at 53,282.32, adding 518.05 points for the session. Next week’s trading will hinge on whether either index clears its technical thresholds.