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Strategies & Market Trends : IPO and Other Stock Plays -- Ignore unavailable to you. Want to Upgrade?

To: david777 who wrote (12137)	4/30/2005 11:52:19 PM
From: david777	Read Replies (1) \| Respond to of 13331

Support and Resistance: NASDAQ: Closed at 1921.65 Resistance: The 10 day EMA at 1933 The 18 day EMA at 1947 stalled the last rebound attempt. 1950 (top of October to December 2003 consolidation) Late 2003 highs from 1960 to 1970 and the March/April consolidation low at 1974 Early October high at 1971 and the March low at 1973. The 200 day SMA at 1990 The 50 day EMA at 1990 and the 50 day SMA at 2002. Support: 1904 is the April low. 1900 from October 2004, March 2004, October to December 2003 (consolidation range bottom) held on this last test. 1876 from the May 2004 low and November 2003 low. 1860 from the late September 2004 low. S&P 500: Closed at 1156.85 Resistance: The 18 day EMA at 1161 1164 is the January/March neckline to the head and shoulders pattern. 1175 second high in that double top that spanned late 2001 and early 2002 is trying to hold The 50 day EMA at 1174 The 50 day SMA at 1183 March 2003 up trendline at 1195 1196, the mid-January high and the early December peak in the left shoulder. 1200 Support: The 200 day SMA at 1155 1137 the recent April low. 1138 the August 2003/August 2004 up trendline 1129 to 1125 1100 to 1095 Dow: Closed at 10,070.37 Resistance: The 18 day EMA at 10,247 Some price resistance at 10,250 The 200 day SMA at 10,374 10,400, the bottom of the November/December range The 50 day EMA at 10,420 Price consolidation at 10,600 10,754 is the February high Support: 10,065 from March 2004 lows. 10,000 the recent lows. 9988 from September 2004. 9933 to 9900