The following is Technical Analysis for the Dow Jones ( DJIA ) for 3/11/09Dow Jones Support & Resistance Levels - March 11, 2009 - DJI
Resistance Levels: 7000, 7449, 7500, 7552
Support Levels: 6840, 6500, 6310, 6000
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The Dow Jones closed over the 10 day moving average today which is a bullish signal. Like the Nasdaq, I expect it to trade above and below this level over the next several days but keep eye in the close. I will become even more bullish if the Dow gets back over 7000. It is to early to tell if this is a stock market bottom but even if it was, we will retest 6500 several times. All true bottoms are retested. The volume was very strong today which was another positive sign. For More Technical Analysis - Go Here
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