BALTIMORE ( Stockpickr) -- Yesterday was a strong day for stocks. The S&P 500 and the Nasdaq Composite gained 0.42% and 0.74%, respectively. And today, stocks futures are looking to extend those gains.The market's push upward is fairly critical right now. With major indices sitting just below a key support level, a concerted move higher to end the week could put an end to the brief pullback that many traders had expected following the incredibly strong rally of the last several months. Auspicious though it may seem, a premature move higher is somewhat of a concern since it could shove stocks back into overbought territory and bring a much larger correction with it. It'll be important to keep an eye on where indices sit in the near-term. With strong S&P resistance at 1300, a move above that level suggests that stocks are back in rally mode. But regardless of the broad market's moves, we're turning to the technicals to see what's happening with Wall Street's biggest names. Related: 3 Stocks Poised to Break Out In case you're not familiar, technical analysis uses a stock's price movements to determine where shares are headed in the future. Technical charts are used every day by proprietary trading floors, the Street's biggest financial firms and individual investors to get an edge on the market. And according to some sources, skilled technical traders can bank gains as much as 90% of the time. Here's this week's look at how some of the biggest names on Wall Street are trading technically.
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