The following is Technical Analysis for the Dow Jones ( DJIA ) for 5/28/09Dow Jones Industrial Average Support & Resistance Levels - May 28, 2009
Resistance Levels: 8591, 8742
Support Levels: 8250, 8000, 7750
http://stockcharts.com/ - Chart
The Dow Jones fell of a cliff today which had to do with bond sales. I am watching 8250 on the Dow because this is the closing support level which has held since breaking up through it in late April. A close below 8250 would spark some technical selling and the 50 day moving average and 8000 would be tested. On the upside...resistance has been in the 8500's lately and a close above 8600 would be bullish. 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
