Technical Analysis: Dow, S&P At Resistance | Internet News

Technical Analysis: Dow, S&P At Resistance

Written By
Paul Shread
Paul Shread
Mar 21, 2003
1 minute read

The Dow and S&P (first two charts below) continue to push into heavy resistance, and both remain firmly overbought. If they can continue to push higher, the 200-day moving averages at 8446 and 893 are next. Support is 8130-8150 and 8076 on the Dow, and 852-855 on the S&P. The Nasdaq (third chart) probed into the 1401-1424 gap but did not fill it. 1385 is important support, and 1360 is below that. Tomorrow is a quadruple expiration day, so more volatility could be in store.

Don’t miss the Company of the Week – every week – at http://www.wsrn.com/COW/.

Special report: For a free introduction to technical analysis and chart patterns, visit http://www.internetstockreport.com/guest/article/0,1785,2571_5/00051,00.html.

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.