The market has been slicing through support with abandon lately. If there's any good news, it's that the market has reached short-term oversold levels, and option traders continue to show caution. The Nasdaq (first chart below) has its 50-day moving average at 1855; below that, 1850, 1840, 1830 and 1820 are possible support levels. To the upside, 1876-1885 is one big resistance area. The S&P (second chart) has its 50-day average at 1101, right at round number support. If that goes, 1092-1095 and 1087-1090 are possible support zones. Resistance is 1106, 1110, 1114, 1117 and 1120. The Dow (third chart) has support at 9954, 9900-9914, and 9860, and resistance is 10,000, 10,025-10,050, and 10,100. First Enercast Financial | Live Natural Gas, Crude Oil, and Weather ::
Current natural gas, crude oil, and weather market news, prices, analysis, and forecasts for commodities traders, risk managers, and hedgers with live NYMEX, CME,
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 Safe Haven | A Crude Value Proposition::
What value might traders and investors place on technical market analysis? Joe continues to expand his body of knowledge through the MTAs accredited CMT program.
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Handheld market free fall continues | TalkBack on ZDNet::
Medium Enterprises: A Wainhouse Research Quantitative Analysis Citrix Online vs. reliability 1:28 Facebook VP of technical operations: Jonathan Heiliger
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 Chips, Networkers Lead Stocks Lower
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