On Target
S&Ps are up 9.00 pts at 1150.70.
Above this, we have a key target at 1151.50, a major at 1152.50 and then 1156.50.
On the downside, we have 1148.50, 1143.50, a key area between 1141.50 to 1140.50, and major support at 1137.
Nasdaq is trading up 37 at 1617. For today, we have a band of resistance from 1615 to 1625. If we get above this, the target becomes 1647. Along the way, we have a target at 1636. Resistance will be found between 1634 and 1637, then 1643 and 1648.
On the support side, we have 1609 to 1605. Under that, look for 1575. Along the way, 1598-95 is support, the 1590-85, and then the 1578 target.
As for the Dow, 9800-9850 is key resistance. If we can settle above that, it really clears the way for not only 10,000, but 10,200