U.S. STOCK INDEXES The Dow closed sharply higher on Friday erasing most of this week's decline. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow resumes the rally off January's low into uncharted territory, upside targets hard to project. If the Dow extends the decline off February's high, January's low crossing at 29,856.30 is the next downside target. First resistance is February's high crossing at 32,009.64. Second resistance is unknown. First support is Thursday's low crossing at 30,547.53. Second support is January's low crossing at 29,856.30. The March NASDAQ 100 closed higher on Friday as it consolidates some of the decline off February's high. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off February's high, the 25% retracement level of the 2020-2021-rally crossing at 12,169.99 is the next downside target. Closes above the 20-day moving average crossing at 13,314.40 would signal that a short-term low has been posted. First resistance is the 10-day moving average crossing at 12,946.75. Second resistance is the 20-day moving average crossing at 13,314.40. First support is today's low crossing at 12,207.25. Second support is the 25% retracement level of the 2020-2021-rally crossing at 12,169.99. The March S&P 500 closed sharply higher on Friday as it consolidates some of the decline off February's high. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends Thursday's decline, February's low crossing at 3656.50 is the next downside target. Closes above the 20-day moving average crossing at 3878.61 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 3878.61. Second resistance is February's high crossing at 3959.25. First support is Thursday's low crossing at 3720.50. Second support is February's low crossing at 3656.50. 
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