Not a good set-up for the bulls — three straight days within the body of a big red candlestick is generally a bearish sign for the short term. The Nasdaq (first chart below) has support at 2100-2108, 2093 and 2078, and resistance is 2129-2133 and 2140. The Dow (second chart) has support at 10,400-10,410, 10,360, 10,349-10,351 and 10,332, and resistance is 10,520, 10,540 and 10,565. The S&P (third chart) has support at 1207 and 1199-1201, and resistance is 1225-1227.
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.
