The broader US stock indices are trading to new highs with the S&P up 0.52% or 35.79 points at 6806.25. The Nasdaq is up 178 points or 0.76% at 23557. The Dow is up as well but below its earlier highs for the day. For the S&P it did fall below the 100 hour MA yesteday and at lows today, but found buyers near the high from October 9 and has bounced. That kept the buyers in play. The price is back above the 100 hour MA at 6786.07 Looking at the Nasdaq index, the price low stalled at the rising 100 hour MA which is also a bullish hold. The price also stalled near the 38.2% of the last move down. Meanwhile oral arguments for the Trump tariffs are being heard at the Supreme Court. The court is pushing hard against the authority. The Polymarket is painting the picture with the probability the SC rules in favor has dropped from about 40% to around 27%. This article was written by Greg Michalowski at investinglive.com.