Dow Jones Analysis 5/4/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 5/4/09

Dow Jones Support & Resistance Levels - May 4, 2009

Resistance Levels: 8300, 8500

Support Levels: 8000, 7750, 7550

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The Dow Jones tested the downtrend line today which is now a nice area of support. There is resistance around 8300 as well as major resistance at 8500. I don't expect much action until the stress test is released next Thursday. The Dow Jones has support at the 8000 level as well as 7750. For More Technical Analysis - Go Here

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