DOW and SP500 closed up but no records. 8 day MA for both will start to rise tomorrow. These indexes both want to go higher. They drop in Asia and Europe but US push them every day to take new highs. Tomorrow last trading day for first quarter which has been very good. Company results will start to drop in in 10 days. US economy is still getting better and Europe worse. Expect some profit taking tomorrow because of three days holiday but if Cyprus is manageable, buyers are expected to come back April 1 next Monday. Technically it is difficult to forecast next weeks trend and the closes tomorrow might give some help.

DOW day close Thursday

SP500 day close Thursday. The same picture as the Dow