The Nasdaq has a well defined band of intraday support at 1712-1696.71, part of this is inside a band of support which is 1709-1689.
The S&P 500 has well defined intraday support at 1082.39-1074.39.
The Nasdaq's intermediate term band of support is at 1760-1677 with a focus of 1740-1701. The next layer of support below 1677 is 1657-1628.
The "500" has well defined intermediate term support in the 1111-1052 area. The index has immediate resistance at 1090-1102, then 1101-1109. Cherney is market analyst for Standard & Poor's