The Nasdaq (first chart below) recovered some lost ground today, but still faces major resistance at 2097-2100. Support is 2060, 2050 and 2040-2042. The S&P (second chart) has support at 1191, 1185 and 1180, and resistance is 1205, 1208-1210 and 1218. The Dow (third chart) has support at 10,428-10,440 and 10,405, and 10,573-10,620 is major resistance.
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.
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