Technical Analysis: Nasdaq Pushes Higher
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The Nasdaq (first chart below) continued to push higher today, and on strong internals and rising volume too. The index held 1830 support today; if that goes, a retest of 1820 could be in store. Resistance is 1866 and 1880, and first support is 1838-1842. The S&P (second chart) is pushing a major resistance band between 1106 and 1112. Support is 1099-1102 and 1095-1096. The Dow (third chart) has support at 10,130, 10,100-10,110 and 10,080, and resistance is 10,208-10,220 and 10,260.