Technical Analysis: Indecision | Internet News

Technical Analysis: Indecision

Written By
Paul Shread
Paul Shread
Dec 11, 2004
1 minute read

An indecision day today, with the Dow (first chart below) remaining range-bound between 10,417 and 10,602. Above 10,602, the picture would improve, but 10,643-10,670 and 10,753 could still prove tough resistance. The Nasdaq (second chart) faces resistance at 2135-2145 and 2154-2165, and support is 2110-2120 and 2090-2100 (2097). S&P 500 (third chart) faces resistance at 1190-1200 (1195-1197), and support is 1185 and 1175.

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