Technical Analysis: Indecision

Signs of indecision on the S&P (first chart below): an inside day and a doji, or small unchanged candlestick, right below the major resistance level of 1244-1246. Resistance is 1242.6-1245.86, and support is 1239, 1237, 1232 and 1228. The Nasdaq (second chart) showed some nice strength today. Support is 2175-2179, 2164-2166 and 2160, and resistance is 2187-2190 and 2195-2200. The Dow (third chart) stalled at 10,700-10,720 resistance today. Support is 10,640-10,660, 10,600 and 10,570.

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