Technical Analysis: S&P Ends Week on Support

Written By
Paul Shread
Paul Shread
Published: Jan 14, 2006
Updated: Jul 16, 2021
1 minute read


The S&P (first chart below) will start next week right on the 1280-1285 support zone — next week’s big earnings reports could be big indeed for market direction. To the upside, the S&P faces resistance at 1295-1300 and 1316. The Dow (second chart) hung onto its big support level at 10,920, and resistance is 11,000 and 11,055. The Nasdaq (third chart) faces resistance at 2328-2333, and support is 2295-2305. No complaints with the bond market (fourth chart).






Paul Shread

Paul Shread has covered nearly every aspect of enterprise technology in his 20+ years in IT journalism, including an award-winning series on software-defined data centers. He wrote a column on small business technology for Time.com, and covered financial markets for 10 years, from the dot-com boom and bust to the 2007-2009 financial crisis. He holds a market analyst certification.

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.