The following is Technical Analysis for the Dow Jones ( DJIA ) for 5/27/09Dow Jones Industrial Average Support & Resistance Levels - May 27, 2009
Resistance Levels: 8591, 8742
Support Levels: 8250, 8000, 7750
http://stockcharts.com/ - Chart
The Dow Jones made another run at 8500 today but failed at 8495. Both 8500 & 8600 are resistance levels going forward. A close above 8600 would be huge and I think the Dow would retest the 200 day moving average and possible up to 9000. On the downside, 8222 and 8250 continue to hold on a closing basis. These are two major support levels which if closed below, could spark a big sell off back to 8000 or lower. For More Technical Analysis - Go Here
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