The following is Technical Analysis for the Dow Jones ( DJIA ) for 4/01/09Dow Jones Support & Resistance Levels - April 1, 2009
Resistance Levels: 7931, 8000, 8250
Support Levels: 7600, 7500, 7200
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The Dow Jones had a great day after yesterday's slaughtering. The Dow tried to close above the 10 day moving average but the selling was just to great. Tomorrow the Dow Jones will most likely retest the 50 day moving average as we try to close 2 straight days back over this level. 7500 seems to be a nice area of support, a close below 7500 and I think we will see the next support level of 7200 tested. On the upside, the stock market will rip higher on a close back over 8000. The volume was very light today! For More Technical Analysis - Go Here
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