Technical Analysis: Techs Have Fallen and They Can't Get Up
Page 1 of 1
The Nasdaq (first chart below) couldn't get past the first resistance level at 2040 today. If it can, 2050 and 2060 are above that. 2008.7 is the next major support level. The S&P (second chart) has resistance at 1194, 1200 and 1205, and support at 1184-1185 and 1177.5. The Dow (third chart) has support at 10,650, 10,600 and 10,532, and resistance is 10,700-10,725 and 10,800. The financials (fourth chart) remain below support here.