Written by GaryUS markets closed higher for the second day, but traded all morning and afternoon in a narrow band that was mostly sideways. The DOW closed up 145 points and the Spooze closed up at 2091, just short of the 2100 resistance. Crude settled in the trading pit in the mid to high 49, just unable to pierce the $50 resistance barrier. Short-term indicators remain moderately bullish, but the SP500 has to pierce the 2100 level to have this bull rally continue.

Source: 25May2016 Market Close: Markets Close Up, SP500 Closes Just Below 2100, WTI Crude Ready To Blow Past $50