The following is Technical Analysis for the Dow Jones ( DJIA ) for 3/31/09Dow Jones Support & Resistance Levels - March 31, 2009
Resistance Levels: 7600, 8000, 8250
Support Levels: 7500, 7200
http://stockcharts.com/ - Chart
The Dow Jones closed below both key moving averages today which to me signals further downside to come. The next support level is around 7200 and if that doesn't hold, 7000 is the next support level. I will get bullish again when the Dow gets back above 7600.
8000 has been a major resistance level over the past 6 months and when we get back over that level the Dow should make a run toward 9000. For More Technical Analysis - Go Here
8000 has been a major resistance level over the past 6 months and when we get back over that level the Dow should make a run toward 9000. For More Technical Analysis - Go Here
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