The following is Technical Analysis for the Dow Jones ( DJIA ) for 3/12/09Dow Jones Support & Resistance Levels - March 12, 2009 - DJI
Resistance Levels: 7000, 7449, 7500, 7552
Support Levels: 6840, 6500, 6310, 6000
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The Dow Jones went up two straight days and ended over its 10 day moving average once again. This is very bullish going forward but I still expect us to retest the lows again at some point. I feel this rally could extend up to the 7400-7500 level in the next several weeks. At this point, the 10 day moving average will act as a nice support level but if we close below it two consecutive days, we may have problems. For More Technical Analysis - Go Here
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