The following is Technical Analysis for the Dow Jones ( DJIA ) for 5/26/09Dow Jones Industrial Average Support & Resistance Levels - May 26, 2009
Resistance Levels: 8591, 8742
Support Levels: 8250, 8000, 7750
http://stockcharts.com/ - Chart
The Dow Jones continues to trade under the 10 day moving average and test the key support level of 8250. A close under 8250 would spark additional selling and could possibly take the Dow down to retest the 50 day moving average and 8000. On the upside, a break above 8600 would spark a rally toward the 200 day moving average at 8844. I personally think we will retest 8000 in the coming weeks and months....stay tuned! For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index - Stock Forum
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
