Wall Street ends in the green and DJIA is testing the key 78.6% Fibo level

•  The Dow lost 96.22 points, or 0.4%, to close at 25,554.66.
• S&P 500  added 8.22 points, or 0.3%, to end at 2,791.52.
• The Nasdaq Composite Index put on 32.97 points, or 0.4%, to finish at 7,591.03.

Wall Street benchmarks closed mostly higher with health care and utilities sectors leading the way the Dow Jones Industrial Average retreated as shares of Boeing Co. came under heavy pressure following a fatal crash over the weekend of a 737 Max aircraft.

As for trade talks, there were reports that the US and Chinse are close to a deal on currencies, which is an element in their broader trade dispute. As for data, the consumer-price index climbed 0.2% in February, snapping three months of no change with core prices,  rising 0.1%. Year-over-year, overall inflation fell from growth of 1.6% in January to 1.5%, while annual core inflation fell from 2.2% to 2.1%.

DJIA levels

The DJIA is in a bullish position on the daily chart and is testing the 78.6% Fibo of the Oct swing highs to Dec rout lows where there is a confluence of the rising trend-line support. On the flipside, a key downside target at the 61.8% Fibo level positioned beneath the 25000 psychological level at 24847 is back on the cards at this juncture and bears will target the 38.2% Fibo at 24500 and then the 50% Fibo just below the psychological 24000 level.