The following is Technical Analysis for the Dow Jones ( DJIA ) for 2/20/09Dow Jones Support & Resistance Levels - February 20, 2009
Resistance Levels: 7880, 8000
Support Levels: 7449, 7000
http://stockcharts.com/ - Chart
The Dow Jones broke 7449.38 today with a print of 7447.55. The Dow also closed below the Nov 20th 2008 closing low of 7552. The Dow Jones hasn't closed this low since October of 2002. All signs point to more downward pressure but we won't break down until we actually close below 7449. Next major support would be Dow 7000.
Resistance: The Dow Jones will now have resistance at the 10 day moving average which is at 7880 and 8000. For More Technical Analysis - Go Here
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Resistance: The Dow Jones will now have resistance at the 10 day moving average which is at 7880 and 8000. 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
