If the five major averages hold onto gains on Friday all weekly chart profiles will be positive.
Here are charts for two ETFs, one that tracks the Nasdaq and the other, Nikkei 225.
Facebook, Google, LinkedIn and Twitter are scheduled to report their quarterly results before the end of the month.
Technical charts suggest some good exit and entry points.
Lower U.S. Treasury yields remain feasible as oil rebounds and gold and the euro vs. the dollar form trading bottoms.
As the stock market stretches toward new highs, the Dow Jones Transportation Average lags its 50-day simple moving average.
U.S. Treasury yields remain low as oil rebounds and trading bottoms form in gold and the euro vs. the dollar.
The PHLX Semiconductor index could end the week negative, unless earnings from components Broadcom, Cree and Texas Instruments have positive earnings reactions.
The stock has gained 11% this year.
Weekly technicals favor lower U.S. Treasury yields, higher gold and crude oil, but confirming a bottom for the euro will take at least another week.