The following is Technical Analysis for the Dow Jones ( DJIA ) for 2/24/09Dow Jones Support & Resistance Levels - February 24, 2009
Resistance Levels: 7286, 7500, 7693
Support Levels: 7036, 7000, 6500, 6300
http://stockcharts.com/ - Chart
The Dow Jones broke two critical support levels today from 2002 - 7286, 7181. The next level of support is currently at 7036 and 7000 from 1997. I was looking at historical charts & data and there really isn't much support until 6300-6500 from 1997.
Resistance....you will most likely have some resistance at 7286 and also 7500. The major resistance will be at the 10 day moving average ( 7694 ) and 8000. 2009 has been nasty so far.
Resistance....you will most likely have some resistance at 7286 and also 7500. The major resistance will be at the 10 day moving average ( 7694 ) and 8000. 2009 has been nasty so far.
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