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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.780.0%Dec 31 4:00 PM EST

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To: Jibacoa who wrote (2937)8/26/2010 1:35:33 PM
From: Jibacoa   of 3722
 
Looking at the general market from a DOW perspective, which remains on a near term DT.

The DOW nearest support levels are at the 9930 to 9940 and resistance at the 10100 to 10120 levels

bigcharts.marketwatch.com

On a midterm basis support is at the 9615 to 9620 level and resistance at 10720

bigcharts.marketwatch.com

From a longer term perspective, the support is at 6470 (there were some negative comments by some one on CNBC yesterday, who had a 'target' for a DOW 5000 by Yr.'s end.<g>
Resistance is at the 11,800 to the 12,640

bigcharts.marketwatch.com

Bernard
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