Support and Resistance:
NASDAQ: Closed at 2087.86
Resistance:
2100 is a key resistance point.
2151, the early December closing high.
2163, the mid-December closing high.
Support:
The 10 day EMA at 2054
2051 from February, March price points is still trying to hold.
Early April high at 2021, February lows at 2023.
The April high at 2022 was the higher high point.
The 200 day SMA at 2009
The 50 day EMA at 2008
1974, the low in the March/April consolidation
Late 2003 highs from 1960 to 1970
1962 is the recent lower high in April.
1950 (top of October to December 2003 consolidation)
S&P 500: Closed at 1202.22
Resistance:
Price resistance at 1200 is being broken.
The March 2003 up trendline at 1210
December high at 1217.
The March 2005 high at 1229.11
Support:
1196, the mid-January high and the early December peak in the left shoulder.
The April high at 1192.
The 10 day EMA at 1191 and the 18 day EMA at 1185.
The early May high at 1178.
1175 second high in that double top that spanned late 2001 and early 2002
The 50 day EMA at 1179
1164 is the January/March neckline to the head and shoulders pattern.
The 200 day SMA at 1165
1142 is the August 2003/August 2004 up trendline
1137 the recent April low.
Dow: Closed at 10,549.87
Resistance:
The April high at 10,557
Price consolidation at 10,600
10,754 is the February high
10,868 is the December 2005 high.
10,985 is the March high
Support:
The 10 day EMA at 10,477
The 200 day SMA at 10,415
The 50 day SMA at 10,413
The May high at 10,406
10,400, the bottom of the November/December range
The recent April highs at 10,264
10,065 from March 2004 lows.
10,000 the recent lows.
9988 from September 2004.
9933 to 9900 |
