Category Archives: U.S. Indexes

NASDAQ candlestick chart analysis

Three-Year Candlestick Chart for the NASDAQ

Reference the previous analysis for the TSX Index.

DJIA Index Three-Year Weekly Chart

Compare the DJIA Index to the previous chart analysis for the TSX Index.

S&P 500 Daily Candlestick Chart

The most important points from the above chart for the S&P 500 are:

Resistance levels exist on all stock charts.
The S&P 500 must break and hold above the 1,330 level on the candlestick chart.
The new support level will then be 1,330.
The reversal of resistance to support is an important concept in technical analysis.

Complete the advanced chart settings and then view the weekly chart for the S&P 500 on BigCharts.