The following is Technical Analysis for the Nasdaq ( NAS ) for 3/4/09Nasdaq Support & Resistance Levels - March 4, 2009
Resistance Levels: 1350, 1372, 1403, 1456, 1500, 1526
Support Levels: 1316, 1295
http://stockcharts.com - Chart
The Nasdaq managed to remain over the closing low of 1316 today but is showing signs of weakness in after hours tonight. Tonight in after hours we had negative comments from the Google CEO and a warning from Palm. Support continues to be at 1295 but if that level is broken, things could get ugly. On the upside, a break above 1350 could produce a nice rally. Tomorrow will be a critical for the Nasdaq. For More Technical Analysis - Go Here
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