Technical Analysis: Nasdaq Tests Resistance

The Nasdaq (first chart below) looks like it may be ready for another try at 1940-1950 resistance. If it can clear that, 1960-1962 is next. Support is 1931-1933, 1925, 1920, 1915, 1910 and 1905. The S&P 500 (second chart) faces tough resistance at 1120, and support is 1110 and 1100-1103. The Dow (third chart) faces resistance at 9977-10,000, 10,020, 10,040-10,050 and 10,100-10,120, and support is 9900, 9852-9862 and 9784-9814.

Get the Free Newsletter!

Subscribe to our newsletter.

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

News Around the Web