Rally pushes indexes above key levels

Equity indexes broke through some key levels and soared to new highs after yesterday's surprisingly aggressive Fed stimulus moves.

The S&P 500 jumped 23.43 points, or 1.63 percent, to close at 1459.99 after trading as high as 1463.76 in the afternoon.

The Nasdaq 100 rose 39.67 points, or 1.42 percent, to close at 2831.35, the indexes highest close in more than 10 years.

After we noted consolidation under Wednesday's highs, the Russell 2000 finally broke above its 2012 high of 847.92. The small-cap index closed higher by 11 points, or 1.3 percent, at 856.12.

S&P 500
Resistance is now 1460, followed by 1463.76 (yesterday's high), 1466, and 1470.
Support is now 1455, followed by 1452.22, 1445, and 1442.80.
Nasdaq 100
Resistance is now 2835, followed by 2841.68 (yesterday's high), 2846, and 2850.
Support is now 2828.50, followed by 2820, 2815, and 2806.88.
Russell 2000
Resistance is now 857, followed by 860.64 (yesterday's high), 861, and 865.
Support is now 854.78, followed by 850, 847.85, and 845.

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