Support and Resistance
Support and Resistance
NASDAQ: Closed at 2457.39
Resistance:
2518 is interim peak from April 2010
2530 is the April 2010 peak (2535.28 intraday)
Support:
The 10 day EMA at 2434
2434 is the May interim peak and the 78% Fibonacci retracement of the April selloff.
2425 is an interim peak from May 2010
2382-2395 from 2008
2324-2370 is a range of resistance from early 2008
2341 is the June 2010 peak
The 50 day EMA at 2334
2320 to 2326.28 is the January 2010 high
2319 from the September 2008 peak
2310 is the August 2010 peak
The 200 day SMA at 2295
2273 to 2282 marks bottom of January 2010 lateral peak
2275 – 2278 from the February 2008 and April 2008 lows. Key lows.
2245 from July 2008 through 2260 from late 2005.
2236 is the first August gap point.
A series of interim peaks at 2230ish from the May to August trading range
2221 is the gap down upside point from June.
2205 is the November 2009 peak 2210 (from September 2008) to 2212 (the July 2009 closing low)
2185 to 2195 represent support points for years: December 2004 peak, July to October 2005 consolidation, January, March and July 2008 lows, and October 2009 peak.
2184 is the June gap bottom side.
2169 is the March 2008 closing low (double bottom)
2155 is the August 2010 low and the March 2008 intraday low
2140 from the May and June 2010 lows
2100 is the February 2010 low
2099 is the August 2010intraday low
S&P 500: Closed at 1178.17
Resistance:
1181 is the April selloff low
1185 from late September 2008
1220 is the April 2010, post-bear market peak
Support:
1174 is the May 2010 high, 78% Fibonacci retracement of April peak
1170 is the prior March 2010 high
The 18 day EMA at 1161
1156 is the Sept 2008 low
1151 is the January 2010 peak
1133 from a September 2008 intraday low
Bottom of the January 2010 consolidation 1131 to 1136
The 50 day EMA at 1134
1129 to 1131 is the June and August 2010 peaks
The 200 day SMA at 1121
1119 is the early December intraday high
1114 is the November 2009 peak
1106 is the September 2008 low
1101 is the October 2009 high and the recent May and June 2010 interim peaks
1084 to 1080 (September 2009 peak)
1078 is the October range low
1070 is the late September 2009 peak as well as several other peaks and valleys even in 2010. Important level.
1065 is the May flash crash intraday low.
1044 is the October 2008 intraday high AND the February 2010 low
1039 to 1040 are the May, June, and August 2010 lows
Dow: Closed at 11,107.97
Resistance:
11,205 is the April closing high
11258 is the April 2010 peak
11,734 from 11-98 peak
Support:
11,100 from the 7-08 low
10,963 is the July 2008 low
The 18 day EMA at 10,952
10,920 is the recent May high
10,730 is the January 2010 peak
The 50 day EMA at 10,715
10,609 from the Mid-September 2008 interim low
10,594 is the June 2010 peak
The 200 day SMA at 10,510
10,496 is the November 2009 high
10,365 is the late September 2008 low
10,285 is the late December consolidation peak
10,260 from the May and June 2010 interim peaks are breaking
10,209 is recent August 2010 low
10,120 is the October 2009 peak
9938 is the August 2010 low
9918 is the September 2008 peak
9855 is the early September peak in its lateral range
9835 is the late September 2009 peak AND the February 2010 low
9829 is the September 2008 closing high
9774 is the May 2010 intraday low
