Technical Analysis: Support Holds
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The Nasdaq (first chart below) held critical 1965 support today; now can the index take out resistance? 2000, 2007-2010 and 2023 are all pretty big levels to beat. First support levels are 1985 and 1972. The S&P (second chart) must take out 1136-1137 and 1140-1142 to the upside. Support is 1130, 1124-1126 and 1119-1121. The Dow (third chart) held 10,300 support, which is now looking as important as 1965 is to the Nasdaq. Resistance on the Dow is 10,440.