Michael Ashbaugh

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Feb. 16, 2021, 12:10 p.m. EST

Charting bull-flag breakout attempts: S&P 500, Nasdaq tag record territory

Focus: Financials and transports stage tandem breakout attempt, XLF, IYT, ADI, IPHI, BLDR, LYFT

By Michael Ashbaugh, MarketWatch

Technically speaking, the major U.S. benchmarks continue to trend higher, rising amid a still broadly constructive 2021 start.

More immediately, each big three U.S. benchmark has briefly tagged its latest record high early Tuesday, rising amid bull-flag breakout attempts that remain underway.

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