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Friday, May 29, 2009

Dow Jones Analysis 6/1/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/1/09

Dow Jones Industrial Average Support & Resistance Levels - June 1, 2009

Resistance Levels: 8591, 8742

Support Levels: 8250, 8000, 7750



The Dow Jones bounced off the 10 day moving average today and ripped higher going into the close. I will be watching 8600 next week for a signal that we go up to test the 200 day moving average. On the downside, 8250 continues to hold on a closing basis and I am bullish as long as we stay above this level. For More Technical Analysis - Go Here

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