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Technical Analysis: Blue Chips Push Resistance
Published by: wktd 2010-03-15

The bulls get credit for persistence, but we still need the Dow (first chart below) to break through key resistance at 10,510-10,512. 10,440-10,450, 10,400-10,410 and 10,368-10,387 are support. The S&P (second chart) took out a bunch of resistance in the 1175-1178 area today, which should now be support. The next resistance levels are 1183, 1189 and 1195-1200. The Nasdaq (third chart) broke its downtrend today on a big gap up, a good sign for tech bulls. 2065-2073 is resistance, with 2100-2110 above that, and support is 2054-2058, 2050 and 2035-2040.

Not All Retail Stocks Are Wrong for Times - WSJ.com::
Blue Chips Rebound as Dollar Gains. Fannie, Freddie Divide Economists Getting Technical Mailbag: Send your questions on technical analysis to us at
http://online.wsj.com/article/SB120939308316649619.html?mod=rss_barrons_markets
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InternetNews Realtime IT News - Technical Analysis: Techs Take the Lead::
After lagging the blue chips, tech stocks are now pulling the market higher. The S&P faces resistance at 1354, 1361 and 1376-1389, and support is 1344,
http://www.internetnews.com/bus-news/article.php/3636881
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Light Reading - Permabit Takes Another Bite - Telecom News Analysis::
This time, Permabit isnt claiming technical superiority to EMC. Chips, Components & Subsystems Blue Panda Movies. November 11, 2006. 10:00 AM
http://www.lightreading.com/document.asp?doc_id=49409
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