Technical Analysis: Another Stab At Resistance | Internet News

Technical Analysis: Another Stab At Resistance

Written By
Paul Shread
Paul Shread
Mar 19, 2004
1 minute read

The Dow and S&P (first two charts below) continue to try to break out of week-long consolidations here. Above 1126, and the S&P could be headed for the major resistance area of 1138-1143. Support is 1120, 1110-1113 and 1102-1105. The Dow (third chart) has resistance at 10,330-10,375 and 10,425, and support is 10,250, 10,214, 10,185, 10,128 and 10,092. The Nasdaq (third chart) is making a less valiant effort at taking out resistance. The index has strong resistance at 1985-1991, and support is 1939-1947, 1928 and 1913-1920.

Internet News Logo

InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.