Nasdaq Analysis 3/10/09 March 10, 2009

The following is Technical Analysis for the Nasdaq ( NAS ) for 3/10/09

Nasdaq Support & Resistance Levels - March 10, 2009

Resistance Levels: 1315, 1325, 1350, 1400, 1456

Support Levels: 1253.22, 1193.42, 1108.49

http://stockcharts.com - Chart

Stock Market Futures

The Nasdaq continues to break to new 52 week lows and is rapidly approaching the 2002 support level of 1253. If this support level of 1253 does not hold, there is a huge gap down to the 1193 level. On the upside, I think if we break above 1325 we could retest the 1350-1400 level. I will get bullish when the Nasdaq closes back over its 10 day moving average which tomorrow will be down to around 1340. For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free