Technical Analysis: Nasdaq Hangs On ... Barely | Internet News

Technical Analysis: Nasdaq Hangs On … Barely

Written By
Paul Shread
Paul Shread
Jan 12, 2005
1 minute read

The Nasdaq (first chart below) is hanging on by a thread here; it needs to turn up tomorrow. Resistance is 2087-2088, 2100, 2107 and 2120, and the next support zone is 2040-2060. The S&P 500 (second chart) is also looking a little shaky here. Support is 1180, 1172-1175 and 1160-1163, and resistance is 1185-1186 and 1195-1200. The Dow (third chart) has resistance at 10,575, 10,650 and 10,684-10,710, and support is 10,530 and 10,480-10,500.

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