The following is Technical Analysis for the Dow Jones ( DJIA ) for 2/19/09Dow Jones Support & Resistance Levels - February 19, 2009
Resistance Levels: 7774, 8000
Support Levels: 7500, 7449
http://stockcharts.com/ - Chart
The Dow Jones held the 52 week low of 7449.38 today and managed to bounce. The 7500 level seems to be a nice trading support level with at stop at 7450. We got 30 points within this low today.
Resistance: Right now resistance seems to be around 7774 which is the Hogan Bottom and also 8000. I will be selling back to 8000 unless we close over this level. If we close below 7449, we could end up testing 7000 eventually. For More Technical Analysis - Go Here
Resistance: Right now resistance seems to be around 7774 which is the Hogan Bottom and also 8000. I will be selling back to 8000 unless we close over this level. If we close below 7449, we could end up testing 7000 eventually. For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
