S&P 500 and NASDAQ closed at records overnight amid upbeat economic data and easing coronavirus fears. DOW is also close to hitting a new record soon. Near term bullish is maintained with 38.2% retracement of 25743.46 to 29373.62 at 27986.89 defended. Break of 29373.62 will target 61.8% projection of 25474.46 to 29373.63 from 28169.53 at 30412.96 next.