It's back to the monthly charts for the Nasdaq and S&P (first two charts below), which are pushing into some major resistance here at four-year highs. The Nasdaq (first chart below) is pushing major resistance at 2200; if the index can clear that, 2220 and 2251 are the next targets. Support is 2193, 2180, 2170, 2164-2165, 2150-2159 and 2144. The S&P (second chart) is up against even tougher resistance at 1244-1255, with 1316 a possible target above that. Support is 1236-1238, 1229-1233, 1225, 1220-1223 and 1217. Still on a daily chart for the laggard Dow (third chart), which faces tough resistance between here and 10,750. Support is 10,640-10,650, 10,600 and 10,580. Technical Analysis Explained: The Successful Investor's Guide to - Google Books Result::
href=http://books.google.com/books?id=zuz8YcTFNnsC&pg=PA345&lpg=PA345&dq=Technical+Analysis:+Nasdaq,+S&source=web&ots=HcViQG3-xl&sig=iBBScBC2d3tw7nOktqWYvS-MTkQ&hl=en&sa=X&oi=book_result&resnum=95&ct=result class=l onmousedown=return clk(this.href,,,res,121,)>Technical Analysis Explained: The Successful Investor's Guide to - Google Books Resultby Martin J. Pring - 2002 - Business & Economics - 560 pages|J p |A |S |0 |ND |1986 |M |A |M |J |J |AS |0 IN |D |1987 |M |AM |JU |A |S |0 The NASDAQ The technology boom of the 1990s brought the NASDAQ Composite
http://books.google.com/books?id=zuz8YcTFNnsC&pg=PA345&lpg=PA345&dq=Technical+Analysis:+Nasdaq,+S&source=web&ots=HcViQG3-xl&sig=iBBScBC2d3tw7nOktqWYvS-MTkQ&hl=en&sa=X&oi=book_result&resnum=95&ct=resultHOME |
Pre-Article:McAfee, Symantec Ride Security Wave
Next-Article:CA Profit Doesn't Spare Jobs |
HOME
PRINT
Add to favorites