Technical Analysis: Nasdaq Nears Support | Internet News

Technical Analysis: Nasdaq Nears Support

Written By
Paul Shread
Paul Shread
Jun 4, 2005
1 minute read

After once again failing at 2100 resistance, the Nasdaq (first chart below) ended the day just above major support at 2063-2068. A big decision point for the Nasdaq at either end of that range. The S&P (second chart) has support at 1192, 1189 and 1185, and resistance is 1200, 1205 and 1210-1212. The Dow (third chart) has major support at 10,420-10,440 and 10,405, and resistance at 10,500-10,510 and 10,573-10,620.

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