Technical Analysis: Nasdaq, S&P Push Resistance
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The Nasdaq (first chart below) is pushing its month-long downtrend line here. Resistance is 2295-2300, and support is 2290, 2285 and 2280. The S&P (second chart) faces major resistance at 1293-1295, and support is 1285, 1275 and 1270. The Dow (third chart) has another 60-70 points of upside before it hits major resistance. Support is 11,050-11,070, 11,000 and 10,960. Long bonds (fourth chart) remain undecided about their next move.