he following is Technical Analysis for the Dow Jones ( DJIA ) for 1/9/09
Dow Jones Support & Resistance Levels - January 9, 2009
Resistance Levels: 9000, 9088, 9150
Support Levels: 8676, 8500, 8345
http://stockcharts.com - Chart
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The Dow Jones bounced off the 50 day moving average today (8676) and also went back over the 10 day moving average. Support continues to be the 50 day moving average and also 8500. I am bullish as long as we stay over the 8500 level. On the upside, when we approach 9000 again, there will be selling at that level and also the 9088 high from earlier in the week. For More Technical Analysis, Go Here
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