The following is Technical Analysis for the Dow Jones ( DJIA ) for 5/20/09Dow Jones Industrial Average Support & Resistance Levels - May 20, 2009
Resistance Levels: 8588, 8742
Support Levels: 8250, 8000, 7750
http://stockcharts.com/ - Chart
The Dow closed above the 10 day moving average for the second straight day which is bullish but will have It's work cut out tomorrow as BAC stock is falling in after hours. We are right at the 10 day moving average in after hours. Support continues to be 8250 and then down to 8000. On the upside, I will be jumping back into the market when we break up through 8587.55
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