Technical Analysis: Dow, S&P Push Resistance

The Dow and S&P (first two charts below) managed to push some more big resistance levels despite another Fed rate hike. On the Dow, 10,629-10,664 is a big level, and 10,510-10,532 is major support. The S&P faces a big test at 1196, with 1200 above that, and 1189 and 1178-1180 are support. The Nasdaq (third chart) has now filled its big “eBay gap” from mid-January. The next big resistance level is 2100-2109, and support is 2065 and 2054-2058.

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