Technical Analysis: Nasdaq Tests Resistance | Internet News

Technical Analysis: Nasdaq Tests Resistance

Written By
Paul Shread
Paul Shread
Oct 19, 2004
1 minute read

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.

Internet News Logo

InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.