The markets remain in uptrends but with potential resistance overhead.

The FTSE 100 is displaying potential to push higher and could, if nothing untoward happens to the US market, eventually reach the 5770 area; The FTSE 250 is moving sideways under resistance and needs to get above the 9610 level before it can produce any extra real gains.

The DJIA has now reached serious potential resistance at the 10333 level (and so could retrace next week) whilst the S&P 500 is meandering along below resistance and needing some extra (buying) fuel to take it up through its overhead resistance at the 1111/1122 area.

The Nasdaq100 is in strong Uptrend and pushing up and will test the 1827 level shortly.

So, in summary, the dominant trends remain Uptrends and, as such, promise higher values to come but heavyish overhead resistance may put a damper on the party for the next week or two. The other side of that coin though is that champagne should start to flow if/when those resistance levels are broken.