Technical Analysis: Downtrend Resumes

The Nasdaq (first chart below) continues to cling to 2090 support, with 2065 below that. To the upside, resistance levels are 2110-2115, 2125 and 2150. The S&P (second chart) is the most constructive chart here, with support at 2155-2157 and resistance at 1264 and 1270. The Dow (third chart) is clinging to 11,000, with 10,935 below that. Resistance is 11,030-11,040, 11,066, 11,120 and 11,150. Long bond yields (fourth chart) are another index barely hanging on.





Get the Free Newsletter!

Subscribe to our newsletter.

Subscribe to Daily Tech Insider for top news, trends & analysis

News Around the Web