Technical Analysis: Techs Try Again | Internet News

Technical Analysis: Techs Try Again

Written By
Paul Shread
Paul Shread
Jan 15, 2005
1 minute read

The Nasdaq (first chart below) gets points for resilience; the techs are once again trying to rebuild their August uptrend line. But once again, we need to see follow-through, which has been in short supply in recent weeks. Resistance on Tuesday will be 2095-2100 and 2114, and support will be 2077 and 2066. The S&P 500 (second chart) has support at 1175, 1172, 1168 and 1160-1163, and resistance is 1188 and 1195-1200. The Dow (third chart) has resistance at 10,585-10,620, and support is 10,450-10,500.

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.